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A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.
President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his ...
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting ...
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
Insiders close to President Trump say he's ready to take steps to fire the Federal Reserve chair over costly renovations.
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...
What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...
Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.
James Fishback, founder and CEO of the investment firm Azoria, said Friday on Fox News’ “The Ingraham Angle” that President ...
President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says ...