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President Donald Trump is planning to meet with advisers Wednesday about an unexpected open seat on the Federal Reserve Board of Governors, according to a person familiar with the matter.
Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the opportunity to appoint a new member to the central bank's board.
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
President Donald Trump is actively seeking a new leader for the Federal Reserve, aiming for someone more aligned with his economic policies. With Jerome Powell's term nearing its end, Trump has ...
The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more ...
President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in objection to excessively high interest rates. But this debate is not about ...
Trump Just Got a Fresh Shot at Bending the Fed to His Will By Vicky Ge Huang ...
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
The full story is more complicated. Trump is broadly right on the question of how much leverage the need for foreign access ...
The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.
In other words, there was no urgency to alter course. At the Fed’s next policy meeting, six weeks from now, things should be clearer.
Treasury Secretary Scott Bessent is not one of them. Two under consideration are Kevin Hassett and Kevin Warsh.