Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president ...

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

It’s been a volatile week for Treasuries. The 30-year yield breached 5% for the first time since May as enduring inflation ...

The US President has repeatedly criticised the central bank’s refusal to cut interest rates. Read more at straitstimes.com.

"I've got so many people that want that job," President Donald Trump says about potential successors to Federal Reserve Chair ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

Nobel laureate Paul Krugman, a distinguished professor at the City University of New York, says President Donald Trump's call ...

President Trump, left, has accused Fed boss Powell, right, of being too slow to cut interest rates and this week described ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ends in 2026. Treasury Secretary Scott Bessent confirmed the process is ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

US Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman ...

U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell but stated he is not planning to fire him. The ...