Bessent expressed his support for Powell amid ongoing criticism from Trump administration officials, stating that he sees no reason for the Federal Reserve chair to resign.

President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican ...

USD/CHF holds ground after registering losses in the previous three successive sessions, trading around 0.7920 during the ...

Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need ...

Silver prices held close to 14-year highs on Tuesday, as a softer dollar and uncertainty around trade continued to support appetite for precious metals.Markets remained focused on developments in ...

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...

For scale, an estimated 700 detainees are currently held at “Alligator Alcatraz,” but the Trump administration’s ...

US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a ...

Plus: Trump officials review Fed ‘mission creep'{beacon}A HOUSE COMMITTEE voted Tuesday to subpoena convicted sex offender Jeffrey Epstein’s longtime associate Ghislaine Maxwell, as the ...

Republican Senator Mike Lee joined the MAGA chorus sharing a typo-filled letter claiming to be from Fed Chair Jerome Powell.

In the United States, President Donald Trump has been pressuring the chairman of the US Federal Reserve, Jerome Powell, to slash interest rates ...

US Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday. "I think ...