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 ...
Explore the latest on Wall Street as traders react to comments from Jerome Powell and key economic data this week.
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.
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.
The central bank delivered a policy long-sought by President Donald Trump, though the size of the rate cut all but certainly ...
Scott Bessent is interviewing candidates to replace Jerome Powell as Federal Reserve Chair by May 2026, with BlackRock's Rick Rieder among those being considered.
President Trump said he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, ...
The job market is on such shaky ground that the Federal Reserve may soon need to cut interest rates to support the economy, ...
National Economic Council Director Kevin Hassett says Federal Reserve monetary policy should remain independent from ...
President Donald Trump's administration has renewed its request to fire Lisa Cook from the Federal Reserve’s board of ...
The Federal Reserve's Federal Open Market Committee (FOMC) voted 11-1 in favor of the rate cut, with one dissenting member ...