Powell's term is set to expire in early 2028, meaning Trump will have the opportunity to replace him, though he has suggested he may seek to fire him earlier.

Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...

President Trump decided to delay introducing so-called reciprocal tariffs after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time. Officials felt ...

The president also decided to send out letters as a way to keep the pressure up.

The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...

Trade war: President Trump said he would make more announcements about trade on Wednesday involving at least seven countries.

For many countries, the reprieve from President Donald Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end. The ...

U.S. Treasury Secretary Scott Bessent will not attend next weeks G20 finance ministers and central bank governors meeting in ...

U.S. Treasury Secretary Scott Bessent announced potential tariff collections of $300 billion by the end of 2025, following ...

In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his ...

Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...

Arthur Hayes argues that the GENIUS Act's push for stablecoins isn't about innovation but about helping banks funnel ...