National Economic Council director is one of the US President's longest-serving economic aides. Read more at straitstimes.com ...

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...

Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.

WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...

Donald Trump was elected president because he said he would end inflation. In exit polls, 76 percent of Trump voters reported that inflation caused them “severe hardship” over the previous year, and ...

President Donald Trump publicly insults Federal Reserve Chair Jerome Powell, angry over unchanged interest rates.

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.

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

Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4% annual inflation recorded in the previous month.

Trump in a Truth Social post called it “great deal, for everybody,” and said it followed direct dealings with Indonesian ...

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." ...