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Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,
U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest ...
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen condemned President Trump’s pressure campaign against its current ...
Dollar weakens below key support as traders weigh Fed policy risks and tariff uncertainty ahead of the August 1 deadline and ...
Is the Federal Reserve suddenly open to cutting U.S. interest rates as early as July? That’s what Wall Street investors want to know when Fed Chair Jerome Powell testifies before Congress this week.
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over ...
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off ...
Stocks fell and bond yields rose after the Fed leader reiterated that the central bank did not plan to pull back policy support soon. By Jeanna Smialek Jerome H. Powell, the chair of the Federal ...
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