The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she ...

James Bullard, a former St. Louis Fed president, and economic consultant Marc Sumerlin are in the running to succeed Jerome ...

President Donald Trump replaced Billy Long as IRS commissioner after less than two months on the job with Treasury Secretary ...

U.S. Treasury Secretary Scott Bessent is spearheading the search for Jerome Powell's successor as Federal Reserve Chair. The ...

President Donald Trump's economic advisers have expanded the pool of potential successors to Federal Reserve Chair Jerome ...

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...

Scott Bessent is laser-focused on one thing he can do as treasury secretary: lift the economy so that Wall Street and Main Street perform equally well.

Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...

U.S. President Donald Trump said on Wednesday he would likely pick someone to serve out the remaining months of a soon-to-be ...

U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's ...

U.S. Treasury Secretary Scott Bessent needs to push interest rates down to lower the cost of foreign-exchange hedging and thereby reassure international investors that returns on their dollar-based ...

President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.