"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...

The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, ...

The Federal Reserve, under the leadership of Chairman Jerome Powell, is facing an unprecedented wave of scrutiny from Capitol ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear ...

Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.

Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering ...

Tensions between Fed Chair Jerome Powell and Trump have intensified over the central bank’s interest rate decisions and ...

Donald Trump has renewed his attacks on Federal Reserve Chair Jerome Powell, calling for his immediate resignation in a post on Truth Social. The US president posted a link to a news report ...

Fed Chair Jerome Powell says Trump’s tariffs are a major reason for delaying interest rate cuts, citing global uncertainty and inflation concerns.