The Bernanke digression is useful as a way of vivifying Bagehot’s words. Bernanke wasn’t going to let political affiliation ...

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It is becoming clear what the major challenge will be for Jerome Powell's successor: maintaining the Fed's independence while ...

White House economic adviser Kevin Hassett drew laughter from a roomful of economists in late March when he launched into an ...

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

Treasury Secretary Scott Bessent in recent days privately laid out his case to President Trump for why he believed Trump ...

The president wants to reduce the trillion-dollar interest cost of the government. To do so he needs the Fed to slash rates, ...

Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he ...

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.