U.S. Treasury Secretary Scott Bessent declined to rule out the possibility of replacing Jerome Powell as Federal Reserve Chair and has instead deferred to President Donald Trump's decision on the ...

The White House's 90-day pause on so-called reciprocal tariffs on dozens of countries ends on July 8. On July 9, higher ...

President Donald Trump could nominate Jerome Powell’s successor as soon as this fall, as the incumbent Fed chairman is set to exit the position next May.

Treasury Secretary Scott Bessent warned trading partners on Monday that they must cooperate in trade negotiations or risk a ...

President Donald Trump announced he will unilaterally set terms of trade with Japan instead of finalizing a negotiated deal ...

President Donald Trump announced he will unilaterally set terms of trade with Japan instead of finalizing a negotiated deal ...

Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics ...

Treasury Secretary Scott Bessent said that there are 'people' already at the Federal Reserve who are under consideration to ...

Trump scrawled the note to “Jerome” as he piles pressure on the powerful central banker to dramatically cut rates or step ...

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Talk of replacing Powell comes as Trump continues to demand interest rate cuts and chastise Powell for his hesitance to ...

Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...