President Trump is likely to fire Federal Reserve Chair Jerome Powell soon after months of threats, a White House official confirmed.

President Trump on Wednesday tempered reports from earlier in the day that suggested he planned to fire Federal Reserve Chair Jerome Powell imminently, the latest twist in the ongoing saga regarding ...

President Trump appears to be inching closer to firing Jerome Powell as Federal Reserve chair, according to news reports and his own comments. Bloomberg reported that the president is likely to fire ...

President Trump told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve headquarters 'sort of is' a fireable offense, and reportedly asked some GOP lawmakers ...

WASHINGTON (Reuters) -U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome ...

Trump has raised the succession stakes by routinely blasting Powell for keeping interest rates too high, and saying he’ll pick a Fed chair who wants to cut them. It’s left investors worried that the ...

"Personnel is policy," goes the old Washington maxim. Legendary investor Stanley Druckenmiller, who made a billion dollars for the Quantum Fund by breaking the Bank of England in 1992, has discovered ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...

With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...