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 ...

Betting markets show Kevin Warsh (24%), Scott Bessent (20%), Kevin Hasset (12%), and Christopher Waller (12%) as top ...

In a fiery Truth Social post, Trump dismissed the article as "typically untruthful" and insisted that no one had to counsel ...

Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...

The WSJ report, quoting unnamed sources, said that Bessent had warned Trump about the possible legal, political, and market ...

Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic turmoil.

Donald Trump is fuming over a Wall Street Journal report claiming he was warned not to fire Fed Chair Jerome Powell if re-elected. The former president slammed the piece as “typically untruthful,” ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

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