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Hopefuls eyeing Powell’s job intensify push amid Trump rift
Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president ...
Treasury secretary says work has begun on finding Fed Chair Powell’s successor
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...
US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...
Trump’s Fed Chair picks come into focus as tensions with Powell escalate
The candidates on President Donald Trump's shortlist to succeed Chairman Jerome Powell is starting to become more apparent.
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
Banking Dive1d
Powell defends Fed renovation in letter to Vought
The OMB chief said representatives from his agency aim to visit the central bank site “in the next week.” Meanwhile, a ...
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Trump vs. Powell: The Tensions at the Federal Reserve Helm
U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell but stated he is not planning to fire him. The ...
Trump says he is not planning to fire US Fed chief Powell
The US President has repeatedly criticised the central bank’s refusal to cut interest rates. Read more at straitstimes.com.
Trump ramps up attacks on the Federal Reserve but Powell sticks to ‘wait and see’ stance
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up pressure on individual Fed officials, such as Governor Chris Waller, who have ...