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 ...

A $550B Japan investment pact and Fed tension lift DXY. Key levels form on GBP/USD and EUR/USD as Thursday’s PMI data draws near.

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 ...

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 ...

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

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

One of the favorites to replace the Fed chair offered tempered support amid continued attacks from President Trump and ...

Oil edged lower amid tariff and demand concerns. Lingering uncertainty over U.S. tariff decisions could continue to damp sentiment around forward demand for crude, XTB MENA's Milad Azar said. Also, ...

The Cleveland-based steelmaker's stock rallied 14% to $10.81 a share, its highest level since February. The stock has now gained about 58% from its closing price of $6.86 a share on April 8, shortly ...