Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...

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 ...

Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...

US Treasuries were headed for a third week of advances, rallying on Thursday after economic data releases reinforced bets that the Federal Reserve will cut interest rates at least twice this year.

No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...

As creators become more entrepreneurial, advertisers look to up their spending next year on digital on the heels of Cannes ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...

The average rate on a 30-year fixed-rate mortgage fell one basis point to 6.84% the week ending June 26, according to rates ...