Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president ...

President Trump, left, has accused Fed boss Powell, right, of being too slow to cut interest rates and this week described ...

It’s been a volatile week for Treasuries. The 30-year yield breached 5% for the first time since May as enduring inflation ...

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

Nobel laureate Paul Krugman, a distinguished professor at the City University of New York, says President Donald Trump's call ...

U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell but stated he is not planning to fire him. The ...

The US President has repeatedly criticised the central bank’s refusal to cut interest rates. Read more at straitstimes.com.

President Donald Trump's effort to appoint a new leader at the helm of the world’s most influential central bank is ...

"I've got so many people that want that job," President Donald Trump says about potential successors to Federal Reserve Chair Jerome Powell during remarks to reporters in the Oval Office.

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up pressure on individual Fed officials, such as Governor Chris Waller, who have ...