Under the law, Trump can fire Powell for what’s known as “cause.” What Trump’s inner circle is grappling with is what exactly ...

Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic ...

The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep ...

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...

The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...

Scott Bessent, Secretary of the Treasury, stated that the Trump administration has formally launched the process of finding a ...

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Both the S&P 500 and Nasdaq - and by extension, MSCI's world equities index - retreated from record peaks after traders ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...