News

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
Trump says 'not planning' fire Fed Chair Powell after reports suggest Powell ouster coming 'soon'
President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...
Treasury Secretary Scott Bessent confirms search for Fed Chair Jerome Powell’s successor is underway
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...
Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump
Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.
Why Some Trump Allies Want to Protect the Fed’s Independence
The president keeps threatening to fire Jerome Powell. There are reasons beyond market reaction why he might regret following ...