News

The race to succeed Fed Chair Jerome Powell just got weirder
Bill Pulte, the current head of the Federal Housing Finance Authority that runs mortgage giants Fannie Mae and Freddie Mac, ...
Trump won’t fire Powell as Fed chair, says Treasury chief Bessent
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome ...
Hassett grabs pole position in race to be Trump’s new Fed chair
Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...
Trump’s potential shortlist for the Fed chair is starting to take shape
President Donald Trump's effort to appoint a new leader at the helm of the world’s most influential central bank is ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
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Potential Shakeup at the Federal Reserve: Trump's Candidates for Chairman
In a recent statement, President Trump suggested Treasury Secretary Scott Bessent as a candidate to replace Federal Reserve ...
Trump: Bessent an Option to Replace Fed Chair, 'But I Like the Job He's Doing'
With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...
Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks
Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his ...