Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what ...

The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.

Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...

The commerce secretary said President Donald Trump's sweeping new tariffs would drive as much as 1.5 percent gross domestic product growth.

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

Trump continues to face backlash from his MAGA supporters over his administration's handling of the Jeffrey Epstein files. He's called on Attorney General Pam Bondi to release "whatever she thinks is ...

President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...

One sign of concern is that since Mr Trump’s inauguration the dollar has fallen by almost 10% against a basket of rich-world ...

President Donald Trump says he's finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation pr ...

A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.