Kevin Hassett (left) and Kevin Warsh have emerged as favourites to become the next Federal Reserve chairman. Donald Trump’s ...

President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

National Economic Council director is one of the US President's longest-serving economic aides. Read more at straitstimes.com ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...

The Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following ...

President Donald Trump suggested Treasury Secretary Scott Bessent could potentially replace Federal Reserve Chairman Jerome Powell. Although Bessent is a candidate, Trump has expressed satisfaction ...

With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...

U.S. President Donald Trump on Tuesday floated Treasury Secretary Scott Bessent as a possible successor to Federal Reserve ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...

Powell has consistently resisted political pressure from Trump to lower interest rates. And CPI data supports his right to do ...

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his top choice because he was doing a good job as Treasury secretary. "Well he's ...