Treasury Secretary Scott Bessent told the president in recent days that ousting Federal Reserve Chair Jerome Powell entailed possible risks to the economy and potential legal and political obstacles.

The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair last week.

In the latest attempt by a White House ally to turn up the heat on Jerome Powell, a Republican congresswoman has asked the Justice Department to investigate whether the Federal Reserve chief lied to C

The European Union remains the key wildcard. As the U.S.’s largest trading partner, the EU stands to lose the most from a full 30% tariff scenario. Market participants will be watching every headline tied to negotiations. A deal would remove a major overhang. A collapse would trigger a repricing of risk, particularly for industrials and exporters.

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any guarantee of a courtroom victory for the White House.

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.

President Trump says no one needs to explain to him that firing Federal Reserve Chair Jerome Powell would be bad for the market. He knows that already. In a social media post, Trump took issue with a

Ahead of US Fed Chair Jerome Powell’s scheduled speech, Treasury Secretary Scott Bessent has called for a comprehensive review of the Federal Reserve. In an interview with CNBC, Bessent stated that there is a need to assess whether the Federal Reserve has been successful in fulfilling its mandate.