President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican ...

The Federal Open Market Committee that sets policy is made up of seven Fed board members and five regional Fed bosses, but the FOMC chair and vice chair are voted in by the committee at the start of e ...

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term ...

A movement in the states offers a hard-money alternative.

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...

"Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil," said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve ...