In a CNBC interview, Treasury Secretary Scott Bessent suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function.

The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...

The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...

Federal Reserve Chair Jerome Powell refuted allegations of mismanagement in the Federal Reserve Board’s renovation project, ...

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