Treasury Secretary Scott Bessent told House lawmakers ... Tuesday he has "no intention of firing" Federal Reserve Chairman Jerome Powell, one day after Mr. Trump called Powell a "major loser." ...

urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent, to not interfere with the Federal Reserve ... s independence, as Mr. Bessent has suggested.” ...

However, the quantitative tightening needs to be continued if it is to get the Federal Reserve back into a more stable state. Mr. Trump says he is not going to "dump" Chairman Powell, and this can ...

Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026.

The disclosure by the Federal ... of the Federal Reserve? Not enough, these columns would hazard to predict. The Fed chairman, Jerome Powell, frames the downsizing as a modest affair, with the ...

Federal Reserve chairman Jerome Powell testified before ... and it is one of the big questions we'll put to NPR's Scott Horsley, who joins us now. Hello, Scott. SCOTT HORSLEY, BYLINE: Hi, Juana.

Not only would the latter forestall aggressive interest-rate cuts by the Federal Reserve ... he ought to have a voice in rate decisions. Scott Bessent, Mr Trump’s nominee for treasury secretary ...

Solomon and Jeanna Smialek Michael Barr will step down from his role as the Federal ... Scott, the South Carolina Republican who will head the powerful Senate Banking Committee, welcomed Mr ...