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Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
President Trump has denied he is considering firing Federal Reserve Chair Jerome Powell, but his administration has ramped up its criticism of the central bank’s $2.5 billion office renovation.
President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
Kevin Warsh is the favorite to be the next chair of the Federal Reserve if President Donald Trump appoints a successor to Jerome Powell before the end of 2025, according to a leading bookmaker.
If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom battle that legal and policy experts say is bound to get messy, with ...
Donald Trump’s attacks on Federal Reserve Chair Jerome Powell threaten far more than one man’s job—they endanger the entire U.S. and global economy. The Fed was intentionally designed to ...