An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

It’s just six months into President Trump’s second term, and speculation is swirling about the fate of his Federal Reserve chairman, Jerome Powell. Headlines pulse with the drama of his impending ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than dying," Powell said in 2019.

President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor ...

Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under unprecedented scrutiny.

By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is committing his third major policy blunder in six years. If he continues this ...

If he continues this tight-money path through the July 29 Fed meeting, “Too Late” Powell will go down as the worst Fed chair in history. It’s not like Powell lacks stiff competition. In the ...

Under Powell’s leadership, the Fed aggressively raised interest rates starting in 2022 to combat inflation, which had reached levels not seen in decades.