News

Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...
US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ...
Powell asks for IG review after Trump administration flags Fed's costly building renovation
Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters ...
Why Trump removing Powell is the market's most underestimated risk
Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event ...
Under Fire by Trump Over Costs, Chair Powell Seeks Watchdog Review of Fed Building Overhaul
Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building ...
Trump calls Fed Chair Powell a 'knucklehead,' says interest rates should be below 1%
President Donald Trump renewed his criticism of Federal Reserve policy under Jerome Powell, calling the chair a "knucklehead" ...
Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports
U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project ...
Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?
Trump firing Fed Chair Powell could trigger 'Nixon shock,' warns analyst
Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon ...
Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...
Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul
US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to ...