In remarks in Providence, Rhode Island, Powell noted that there are risks to both of the Fed's goals of seeking maximum employment and stable prices.
Treasury Secretary Scott Bessent said Wednesday the Trump administration is looking for someone with an 'open mind' to be the next chair of the Federal Reserve as he interviews 11 candidates to ...
The Trump administration, aiming to secure critical industries, is pursuing a 10% equity stake in Lithium Americas for its ...
President Donald Trump will observe the 24th anniversary of the terror attacks of Sept. 11, 2001 at the Pentagon on Thursday morning before traveling to New York. The administration is mourning the ...
The central bank delivered a policy long-sought by President Donald Trump, though the size of the rate cut all but certainly ...
President Donald Trump's administration has renewed its request to fire Lisa Cook from the Federal Reserve’s board of ...
It's time for the Fed and Jerome Powell to "strike a better balance" in the economy, according to secretaries Scott Bessent and Lori Chavez-DeRemer and Employco's Rob Wilson.
The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates to support the economy, ...
Scott Bessent is interviewing candidates to replace Jerome Powell as Federal Reserve Chair by May 2026, with BlackRock's Rick ...
National Economic Council Director Kevin Hassett says Federal Reserve monetary policy should remain independent from ...