The Trump administration is sending mixed messages about whether Fed Chair Jerome Powell should stay with the central bank until the end of his term.

President Trump has reiterated his criticism of Federal Reserve Chairman Jerome Powell at a White House event. Market ...

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

US Treasury Secretary Scott Bessent said on Wednesday that the administration is not in a hurry to identify a successor for ...

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...

Despite his criticisms, Trump ultimately opted against removing Powell and thus avoided any legal fights that could ensue. Former President Joe Biden reappointed Powell as Fed chair for a term ...