The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.

President Trump could possibly fire Federal Reserve chair Jerome Powell over questions about the renovation of Fed facilities, National Economic Council director Kevin Hassett said Sunday. Why it ...

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...

A recent letter from the White House is raising eyebrows in Washington — with some analysts speculating it may be part of a ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or remain on the Fed board — something he could technically do until his ...

President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.” The problem is that Powell still has 11 months left until the end of ...

Trump is reportedly considering announcing a new Fed Chair long before Powell's term ends in 2026. Markets were quick to digest the news, with Treasury yields and the dollar falling.

The chair of the Fed, which sets U.S. monetary policy and has a mandate to maintain full employment and price stability, is among the most closely followed government officials by Wall Street.

The U.S. dollar sank to a three-year low on reports that President Trump plans to announce a Fed chair successor early, with Kevin Warsh and Kevin Hassett among leading contenders.