The controversy has drawn criticism from various quarters, including President Donald Trump, who has publicly urged Powell to resign. Despite the political pressure, Powell maintains that the ...

Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest escalation in GOP scrutiny of the central bank’s spending and leadership.

Criminalizing a spat over interest rates is an Argentina-level mistake.

As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he ...

Republican Florida Rep. Anna Paulina Luna announced Thursday on X that she is officially referring Federal Reserve Chairman ...

U.S. Representative Anna Paulina Luna has formally referred Federal Reserve Chair Jerome Powell to the Department of Justice for criminal investigation over allegedly misleading Congress about a ...

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...

While Trump has said he has “no plans” to remove Powell—he has received legal advice that an attempt to do so would most ...

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.