The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ends in 2026. Treasury Secretary Scott Bessent confirmed the process is ...

Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.

Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...

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

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

US Treasury yields dropped Tuesday ahead of a key June inflation report. The 30-year yield edged down by more than a basis ...

Treasury Secretary Scott Bessent confirmed on Tuesday that the administration was formally vetting a replacement for Federal Reserve Chairman Jerome Powell amid reports that he was mulling his ...

National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...