Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need ...

President Trump on Tuesday said the US had reached a trade deal with the Philippines, which will see the country's imports face a 19% tariff into the US. Trump said US exports will face no import tax ...

Republican Sen. Mike Lee reportedly posted and then deleted what he believed to be a resignation letter from Federal Reserve ...

President Donald Trump said he could meet with Chinese President Xi Jinping in the "not too distant future" following an ...

"Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil," said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve ...

Federal Reserve Chair Jerome Powell spoke of a need to unify and maintain a "safe, sound and efficient" U.S. banking system within hours of Treasury Secretary Scott Bessent calling the embattled ...

This comes as President Donald Trump has sharply criticized the building renovations of the Fed building, using the project ...

U.S. President Donald Trump on Tuesday said he might visit China in the "not too distant" future. Read more here.

Former Treasury Secretary Janet Yellen supported Federal Reserve Chairman Jerome Powell finishing his term, which is up in May 2026.

Trump urges major Fed rate cuts, questions Powell’s motives, and backs probe into central bank spending and effectiveness.

Powell can’t be fired, but GOP senators must carefully vet his eventual successor.

Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC’s Squawk Box, “I think what we need to do is examine the entire Federal Reserve institution and ...