News

Bessent leads broad search for Fed chair that includes Bullard, Sumerlin

U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...

Bessent Leads Search For New Fed Chair

As President Trump pressures for lower interest rates, the search for a new Federal Reserve Chair, led by Scott Bessent, has ...

Trump nominates Powell critic for vacant Fed seat

Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been ...

Who’s on Trump’s short list for Jerome Powell’s replacement at the Fed

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...

Biggest immediate change for Fed under new chair likely to be tone shift

The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession

President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...

Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down

Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...

Analysis-Investors game out market reaction to Fed chair replacement favorites

By Saqib Iqbal Ahmed NEW YORK (Reuters) -As President Trump narrows his shortlist for the next Federal Reserve chair, ...