News

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 ...
Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...
Technology Technology   The Big Story What to know as the GENIUS Act becomes lawPresident Trump signed the GENIUS Act into ...
It’s just six months into President Trump’s second term, and speculation is swirling about the fate of his Federal Reserve ...
All the data on inflation since Trump returned to office suggest that Jerome Powell is being too cautious in his approach to rate cuts.
Elizabeth Warren spoke out against Donald Trump's pursuit of the Federal Reserve chairman, expressing worry over the outcome ...
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.