News

Fed Chair Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from ...
Bessent on becoming Fed chair: ‘I will do what the president wants’
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...
Watch Live: Fed Chair Powell to Talk Policy With Global Central-Bank Chiefs
Federal Reserve Chair Jerome Powell is participating in a 9:30 a.m. ET panel on central-bank policy this morning. Watch here. Powell is speaking at the 2025 ECB Forum on Central Banking in Sintra, Por ...
The New York Sun2d
Trump Levels Fresh Attack on Federal Reserve Chairman, Calling Him a ‘Bad Person’ and Suggesting ‘Anybody’ Would Be Better in the Role
Jerome Powell says he will not leave his post if the president tries to fire him.
Tracking Trump: Senate prepares budget bill vote; a vulnerable GOP senator skips reelection; Trump goes after Fed chair; and more
Deadline: Trump told Congress to get the bill passed by July 4, but with a 53-seat majority in the Senate and several ...
Trump eyes Fed vacancy in early 2026 to appoint Powell successor: Bessent
Powell’s term as chair ends in late May 2026. Trump has said he would not give the job to anyone who does not align with his ...
The Economist1d
The best check on Fed politicisation is fear of being judged a failure, says Richard Clarida
The Fed operates with what is known as instrument independence, which means that it can raise or lower interest rates or buy ...
A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
Former Federal Reserve Vice Chair Alan Blinder said naming a so-called shadow Fed chief well before Jerome Powell’s term is ...