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, ...

As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term ...

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

Fed Chair Jerome Powell responds to criticism from the White House over the costly renovation of Fed headquarters.

Sen. Thom Tillis, R-N.C., a member of the Senate Banking Committee, tells reporters that it would be a mistake for President ...

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.

The vote incensed Democrats, who argued that Republicans were ceding Congress’s constitutional powers in the name of cutting ...

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

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