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Federal Reserve, Powell and Choose Successor

Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell

Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, and that a nominee could potentially come from current board members or th...

· 7d

Treasury secretary says work has begun on finding Fed Chair Powell’s successor

MiBolsilloColombia on MSN · 14d

Trump pushes to reshape the Fed with early search for Powell's successor

· 1d

US Treasury Chief: No Need for Fed's Powell to Step Down Right Now

There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the...

· 6h

If you’re worried about mortgage and car-loan rates going even higher, you should be watching the Trump-Powell fight

· 12h

Trump again calls for Fed board to act, says Powell 'doesn't get it'

· 1d

White House Keeps Pressure on Powell Over Rate Cuts and Renovations

The Fed lowered interest rates by a percentage point last year as inflation moderated and the labor market showed signs of cooling.

· 1d

Trump says Fed's Powell will be out in 8 months

· 1d

S&P 500 closes at new record after trade announcements on Indonesia, Philippines

10hon MSN

Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'

Tariffs won't fuel inflation, Treasury Secretary Scott Bessent said on Wednesday in a broadcast interview, adding that he thinks the Fed's "analysis of tariffs is a bit off."

8don MSN

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. “Traditionally, the Fed chair also steps down as a governor."

7don MSN

Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon

Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's dismissal is imminent. Treasury

Can Trump Fire Powell? He Likely Lacks a Case, Legal Experts Say.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.