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.
During a recent interview on CNBC, Treasury Secretary Scott Bessent discussed five "very strong" candidates to become the ...
The Fed didn't want to get embroiled in politics in 2025—or ever. But Bessent wants them even further out of the public eye.
Morning Report is The Hill’s a.m. newsletter. Subscribe here. In today’s issue: ▪ Bowser tees up D.C. mayor’s race  ▪ Ukraine ...
Bessent is nearing the end of selecting candidates to recommend to President Donald Trump to replace Powell, whose term ...
The Big Money Show’ panel discusses the growing divide inside the Federal Reserve as pressure mounts for rate cuts to protect ...
U.S. Treasury Secretary Scott Bessent said he will conduct his final second-round interview Tuesday with the five candidates ...
Offsetting the tepid employment outlook, which forms one part of the Fed’s mandate, is the inflation question. Members of the ...
The latest jobs numbers show, once again, just how right Federal Reserve Chair Jerome Powell has been all year long - and just how wrong President Donald Trump, Treasury Secretary Scott Bessent and ...
Mr. Trump announced on social media that he had signed the legislation, but the release of all the files is not guaranteed.
Trump said Mohammed bin Salman "knew nothing" about the murder of journalist Jamal Khashoggi, despite the CIA's determination that the crown prince directed the murder.
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll ...