Treasury Secretary Scott Bessent is running the White House search for a new Federal Reserve chair. Treasury Secretary Scott Bessent on Friday called for sweeping reform of the Federal Reserve, saying ...

It started with Federal Reserve Chair Jerome Powell. When the Fed refused to cut interest rates, President Donald Trump openly discussed whether he should remove the chief central banker. When it ...

Federal Reserve Chair Jerome Powell’s comments at Jackson Hole Friday hinting at the possibility of an upcoming interest rate cut should have been music to President Donald Trump’s ears. Yet days ...

President Trump has moved to fire Federal Reserve governor Lisa Cook for alleged mortgage fraud. Cook, a Biden appointee, said she won’t resign and has threatened legal action. Photo: Anna Rose Layden ...

Federal Reserve Chair Jerome Powell on July 30 fielded questions from reporters on the pressure campaign from President Trump, who wants the central bank to lower interest rates. Photo: Mark ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

President Trump said he is removing Lisa Cook, a Joe Biden-appointed Federal Reserve governor, citing allegations that Cook submitted fraudulent information on mortgage applications. Trump's decision ...

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs. By Ben Casselman Colby ...

President Donald Trump on Friday upped his attacks on Federal Reserve Chair Jerome Powell, calling for the central bank's policymakers to "assume control" of the Fed's policy decisions. Trump has ...

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for ...

Trump called Fed Chair Jerome Powell a "moron" after the central bank held rates steady once again. The president has consistently pressured Powell to cut interest rates since taking office in January ...