News

Trump admin has ‘lot of good candidates’ to replace Fed Chair Jerome Powell: Bessent
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
Bessent on becoming Fed chair: ‘I will do what the president wants’
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...
Federal Reserve chair sends strong message on July interest rate cut
Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...
Trump administration will focus on Fed chair replacement in fall, Bessent says
The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.
Will The Next Fed Chair Lurk In The 'Shadows'?
That brings us to the next point. Powell’s term as Fed chair expires in May 2026, so the president will only have to contend ...
Fed Chair Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from ...
WHYY3d
Philly’s Federal Reserve is getting a new leader for the first time in a decade
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...