News

Trump says Fed's Powell will be out in 8 months, calls him a 'numbskull'
U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...
Why Bessent is now saying Powell doesn’t need to resign from Fed
“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow ...
Bessent Sees No Reason for Powell to Step Down From Fed Now
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
Fed reform may move markets more than Powell ouster
Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...
Bessent calls for internal review of Fed but doesn't think Powell needs to step down
Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big ...
Top Trump official slated to inspect Fed's $2.5B renovation amid cost scrutiny
White House deputy chief of staff James Blair will visit the renovation site at the Federal Reserve's headquarters amid ...
Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator
A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal ...
Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
At the Fed’s Banking Conference, Sam Altman, Capital Rules and Avoiding the Powell Drama
A new gathering tries to turn the page for the Fed’s banking supervision and the nation’s banks.
Fed still set for extended hold in 2025, but likelihood of easing is rising
For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base ...
Trump Says Firing Fed Chair Is 'Highly Unlikely,' But Here's How The Move Would Shake Global Economy
Economist Clifford Winston joined "Forbes Newsroom" to discuss President Donald Trump's recent criticisms of Federal Reserve ...
Fed officials, banking experts discuss regulatory rewrite effort at conference
The Federal Reserve continued work on its comprehensive effort to rewrite bank rules with a daylong conference at its ...