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Trump also said he would nominate Russell Vought to lead the Office of Management and Budget, a position Vought held during Trump's first presidency.
White House advisors allege Powell misled US Congress about building expenses as they search for legal grounds to unseat him.
President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely ...
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
Senate Republicans have teed up a vote-a-rama today on possible amendments to their sweeping budget reconciliation bill.
A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.
Internal dissent at the Fed continues. Meanwhile, the president extended his tariff deadline and the FHFA introduced a major ...
Treasury Secretary Scott Bessent downplayed his beef with billionaire tycoon Elon Musk, describing himself as a nimble ninja-like operative while musing that the later “fancies himself more o… ...
Treasury Secretary Scott Bessent claimed that many critics fundamentally misunderstand that President Trump is driven by "his love for people" and "cares deeply" about Americans.
Vought sent a letter to Powell probing him with questions over the renovation of the Federal Reserve’s headquarters in Washington, D.C.
Speaker Mike Johnson and Treasury Secretary Scott Bessent said negotiations over the state and local tax (SALT) deduction cap are “very, very close," as Republicans race to pass their budget ...