Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.

If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom ...

Live updates and the latest news as the Senate sends PBS, NPR, foreign aid clawbacks to the House and senators consider Emil ...

President Donald Trump denied reports he was planning to fire Jerome Powell. Can he even do that legally? Who nominated the ...

Economists interviewed by Newsweek warned that removing Powell now would roil markets, erode trust in U.S. institutions and ultimately hurt ordinary Americans.

Banks and miners helped push the Australian sharemarket to a record high on Thursday despite a shaky session on Wall Street.

President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.

Former deputy Treasury Secretary Roger Altman said he did not think Jerome Powell would agree to leave if the president asked ...

The skunk at Albanese’s party was Trump’s top policy official in the Pentagon, Elbridge Colby, with demands that Australia ...

President Trump appears to be inching closer to firing Jerome Powell as Federal Reserve chair, according to news reports and his own comments. Bloomberg reported that the president is likely to fire ...