News

Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...
Can the Fed stay independent? Trump-era adviser may put it to the test.
Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a ...
Bessent Suggests Powell Should Leave Fed Board in May
US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.
Hassett grabs pole position in race to be Trump’s new Fed chair
Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...
Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very ...
Trump economics adviser Kevin Hassett is rising in race for next Fed chief
Kevin Hassett, President Donald Trump’s longest-serving economic adviser, is a leading contender to become the next Federal ...
The Financial Express19d
Which two candidates are most likely to succeed Powell as head of the ...
In 2017, Trump appointed Jerome Powell as the head of the US Federal Reserve, the world's largest central bank.
The Business Times5d
Bessent suggests Powell should leave Federal Reserve board in May
WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...
Detroit News18d
Trump weighing options for Powell's future. What if he won't leave?
Powell has led his colleagues in standing pat this year, saying they need more certainty that Trump’s tariffs won’t trigger a persistent rise in inflation.