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A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.
There are suddenly a few punctures in the armor of a president who at times has seemed irrepressible. Read more at ...
In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.
Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential ...
The Fed's architects said the central bank wanted glass walls, but three Trump appointees felt marble best fit the building's ...
President Trump is reportedly pushing for higher blanket tariffs on imports from the European Union, throwing a wrench in ...
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...
The Trump administration says it will facilitate the return of former detainees of an El Salvador prison to the U.S. from ...
Insiders close to President Trump say he's ready to take steps to fire the Federal Reserve chair over costly renovations.
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
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