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US Treasury Chief: No Need for Fed's Powell to Step Down Right Now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.
A political firestorm hit Wall Street Wednesday as speculation intensified that Trump may fire Federal Reserve Chair Jerome ...
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Wednesday's market drama on ...
President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...
The controversy triggered $2.4 million in total trading volumes on Kalshi, marking one of the most traded cultural events on ...
U.S. Treasury official Stanley Bessent said Monday that the Federal Reserve should be reviewed as an institution, questioning aspects of its decision-making and communication, particularly regarding ...
U.S. stock indexes initially tumbled following reports that President Trump might fire Federal Reserve Chair Jerome Powell.
If Trump breaks the long-standing central bank independence, he would make long-term debt holders question the Fed’s ...
Trump started the speculation about a possible Powell firing when he said last month on social media that "Powell's termination cannot come fast enough." ...
Gold steadied after a volatile session on Wednesday as traders assessed the outlook for Jerome Powell’s tenure as Federal ...
President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about ...
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