U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.

The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Chicago Federal Reserve president Austan Goolsbee expressed support for Jerome Powell and central bank independence when asked about pressure being applied from President Trump, saying the Fed chair is a 'totally honorable guy.

Federal Reserve Chairman Jerome Powell has won support from both Republicans and Democrats for reappointment by President Joe Biden because of his defense of the central bank's independence during ...

Markets this week focus on Powell’s speech and earnings from Coca-Cola and GM, with Alphabet, Tesla, and key PMI data due later this week.

Jerome Powell’s term expires in February, but many expect him to keep his job. But if President Biden does seek change, ... Fed Chief Powell Enjoys Support for Reappointment, ...

Powell has been under fire from President Donald Trump for months for leading the Fed in holding fast on interest rates, concerned about the inflationary impact of the administration’s tariff hikes.