If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials ...

Treasury Secretary Scott Bessent was put on the spot Thursday when he didn't definitively rule out becoming the next chair of the Federal Reserve. The post ‘That Was Not a No!’ Trump’s Treasury ...

In comments at the European Central Bank annual forum, Powell responded to the president’s frequent attacks on him.

(Bloomberg Opinion) -- Two things can be true at the same time: First, Treasury Secretary Scott Bessent is generally right to avoid terming out the US government’s debt at the high prevailing ...

U.S. President Donald Trump said on Tuesday he has two or three top choices to replace Jerome Powell as Federal Reserve chair ...

U.S. Treasury Secretary Scott Bessent responded to a question on whether he was willing to replace Jerome Powell as Federal ...

The Treasury's need to finance growing debt is the unspoken factor in the discussion of monetary policy and housing costs, ...

President Trump is laying the groundwork to replace Federal Reserve Chair Jerome Powell as soon as he can. With less than a ...

Powell's term as chair of the Fed ends in May 2026, but Trump is reportedly considering announcing a replacement as early as ...

He became a member of the Federal Reserve Board of Governors after being nominated to the post by President Barack Obama in 2012. He was subsequently elevated to chairman by President Donald Trump ...

DDB: Markets have been looking for an excuse to rally. And once that mind frame is set, then it won't matter what happens.