News

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...
Donald Trump was elected president because he said he would end inflation. In exit polls, 76 percent of Trump voters reported that inflation caused them “severe hardship” over the previous year, and ...
President Donald Trump publicly insults Federal Reserve Chair Jerome Powell, angry over unchanged interest rates.
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.
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...
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.
Report is The Hill’s a.m. newsletter. Subscribe here or using the box below: President Trump is providing fresh support for Ukraine and hardening his position on Russia in an ...
Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4 ...
Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...
The 10-year Treasury yield edged lower on Tuesday after the core reading of June's consumer price index came in around where economists expected. The 10-year Treasury yield fell about three basis ...