News

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’
The Treasury Secretary has said he has "the best job in Washington," although he has often been floated as a name for the top ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Powell says Fed does not consider government interest rate costs in policy debate
U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government ...
Powell Cites Inflation Risk as Fed Holds Interest Rates Steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
WATCH: Powell speaks after Fed keeps interest rates unchanged even as Trump demands cut
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Trump: Fed board should assume control if Powell won't lower interest rates
U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues ...
Watch: Powell speaks as Fed bucks Trump pressure, keeps interest rates steady
Federal Reserve Chair Jerome Powell briefed reporters Wednesday afternoon after the Fed announced it would once again keep ...
Trump blasts Powell after Fed votes to keep interest rates steady
President Trump blasted Federal Reserve Chair Jerome Powell on Thursday, lodging insults at the head of the central bank for ...
Powell on ‘solid ground’ by not raising interest rates, says fmr. Kansas City Fed chief
Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, joins Meet the Press NOW to discuss Fed Chair ...
Why Wall Street’s Top Banks Don’t Think the Fed Will Cut Rates at All This Year
“Our house view continues to be that the Fed won’t cut this year, but will end up cutting more than expected next year,” Morgan Stanley strategists said. Incidentally, both banks are now at odds with ...