Bessent noted that Powell's term as Fed chair ends in May 2026, and that he should see out his full term if he wants to.

Earnings Misses Drag Dow Components: KO, GM, LMT, SHW, DHR, PM, and RTX are all trading lower premarket following ...

US 10-year yields rose one basis point to 4.39%, partially reversing a 10-basis-point slide which began with last week’s weak ...

In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy or news, as expected. Powell’s brief prepared remarks gave no ...

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off ...

There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said ...

General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.

The foreign exchange market is quiet. The greenback is narrowly mixed against the G10 currencies. Click to read.

President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about ...

Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy ...

Trump’s housing chief slams Fed spending as Realtor.com warns federal land offers little help for housing shortages in ...

US Treasury’s Bessent says Federal Reserve needs to be examined as an institution - Nation and World News | Hawaii ...