The JPMorgan chief warned the Federal Reserve’s independence is critical as Scott Bessent says a “formal process” to replace ...

Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his ...

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.

Jamie Dimon is warned against messing with Fed independence on Tuesday.Interfering with the Fed could lead to big consequences, Dimon said.Trump and other administration officials have been highly ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...

The Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

US Treasury yields dropped Tuesday ahead of a key June inflation report. The 30-year yield edged down by more than a basis ...

Treasury Secretary Scott Bessent confirmed on Tuesday that the administration was formally vetting a replacement for Federal Reserve Chairman Jerome Powell amid reports that he was mulling his ...

National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...

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 ...