Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

Kevin Hassett, Trump’s adviser and current director of the National Economic Council, gave an interview with CNBC on Sunday ...

Cash levels fell to 3.9 per cent in July, triggering in-house “sell signal” from strategists, but fund managers’ overweight ...

Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4 ...

Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...

Kevin Hassett, the White House's top economic adviser, is emerging as a leading contender to become the next chair of the Federal Reserve, according to people who have discussed the matter with White ...

WASHINGTON: President Donald Trump and his allies have seized upon a new way to criticise the head of the US central bank: ...

Kevin Hassett, President Donald Trump’s longest-serving economic adviser, is a leading contender to become the next Federal ...

President Donald Trump announced new tariffs on imports from the European Union (EU) and Mexico, aiming to improve trade ...