The standoff between the men has led Trump to echo an idea first floated by Treasury Secretary Scott Bessent: the naming of a new Fed chair before the end of Powell’s term in May of next year. Trump said in late June that he could name a successor “very soon.”

Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

The Federal Housing Finance Agency, created in 2008 to oversee mortgage giants Fannie Mae and Freddie Mac, has historically been a sleepy agency run by a relative unknown. Its current chief, 37-year-o

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great

The bond manager hasn’t adjusted its portfolio saying it seems unlikely the president will get his way.