Scott Bessent says the Donald Trump administration is actively shopping for a replacement for Fed Chair Jerome Powell.

Powell’s term as chair ends in late May 2026. Trump has said he would not give the job to anyone who does not align with his ...

The Fed's most recent rate-setting Federal Open Market Committee meeting, held earlier this month, maintained the central ...

The Trump administration is planning to appoint a successor to Federal Reserve Chair Jerome Powell when his term ends in May ...

FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol as Republican lawmakers struggle to ...