The balance of consumer power in the United States has tilted sharply toward the top of the income ladder. The vast majority of households now account for their smallest slice of overall spending ...

The Federal Reserve is best understood not as an administrative agency but as a federal corporation—and thus outside of Trump ...

In September, Trump said his top three candidates were Hassett, former Fed official Kevin Warsh, and current governor ...

Treasury Secretary Scott Bessent said Tuesday that President Trump will likely announce his pick for the next chair of the ...

Kevin Hassett, a top White House economic adviser, is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.

The reported frontrunner to take over as Federal Reserve chair in May has a recent track record of advocating for the central bank lowering interest rates.

Morning Report is The Hill’s a.m. newsletter. Subscribe here. In today’s issue: ▪ Bowser tees up D.C. mayor’s race  ▪ Ukraine ...