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

The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...

Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

Trump recently summed up his approach when talking to reporters about trade talks with other countries. “They don’t set the deal," he said. "I set the deal.” ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.

Treasury Secretary Scott Bessent confirmed on Tuesday that the administration was formally vetting a replacement for Federal Reserve Chairman Jerome Powell amid reports that he was mulling his ...

If market participants perceive that Fed independence is eroding, moves in financial assets could be wild, some analysts say.

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...

Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...