Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central bank’s stance on holding interest rates steady in recent months.

Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

Presidents typically announce their nominees for Fed chair three to six months before the sitting person’s term expires, ...

Scott Bessent wants to remain in his current position but remains open to following whatever Donald Trump decides.

Under normal circumstances, moderating inflation and a weakening labor market would make an easy case for interest rate cuts ...

The Consumer Price Index for May shows inflation barely budging, and, since January, consumer prices are up only 1.4 percent at an annual rate.

Donald Trump is preparing to take out Jerome Powell before his term ends in May 2026, and the blowback could hit every corner ...

Paul Tudor Jones on Wednesday said Treasury Secretary Scott Bessent will most likely be President Donald Trump's choice to ...

Paul Tudor Jones said President Donald Trump is likely to appoint an “uber dovish” Federal Reserve chair to accommodate his ...

Billionaire hedge fund manager Paul Tudor Jones reportedly stated that President Donald Trump can be expected to appoint an ...

Inflation in the United States rose just 0.1% in May, cooling more than expected and taking steam out of any talk about a ...