News

Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...
Fed's Powell accused of misleading Senate by FHFA head Pulte, who calls for probe
Federal Reserve Chair Jerome Powell faces calls for investigation over alleged political bias, misleading testimony, and a $2 ...
Fannie Mae, Freddie Mac boss urges Congress probe Fed’s Jerome Powell over ‘deceptive’ testimony on ‘Palace of Versailles’ $2.5B HQ
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President ...
Trump administration eyes Fed vacancy in early 2026 to appoint Powell successor, Bessent says
The Trump administration is considering using the next expected Federal Reserve Board of Governors vacancy in early 2026 for ...
A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
Former Federal Reserve Vice Chair Alan Blinder said naming a so-called shadow Fed chief well before Jerome Powell’s term is ...
Stock market today: Dow, S&P 500, Nasdaq climb as Trump eyes naming a replacement for Fed's Powell
Bets on interest rate cuts are rising as President Trump appears to get closer to naming his replacement for Federal Reserve ...