Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

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 ...

Inflation rose last month to its highest level since February as President Donald Trump’s tariffs push up the cost of a range ...

Kevin Warsh, once known for fighting interest rate cuts with everything he had, now wants them. And he wants them fast. In an ...

The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...

Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...

So it must be that the “Epstein Files,” whatever they are, aren’t as helpful to Donald Trump and his conspiracy sniffer dogs as they’d hoped. Perhaps even unhelpful. Mr. Powell’s architectural ...

The Labor Department’s consumer price index for June is expected to show that overall inflation rose 2.6 percent from June ...

WASHINGTON — Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's ...