Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...

US Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman Jerome Powell is already starting. Bessent added, "I think it'd be very ...

FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol as Republican lawmakers struggle to ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...

There are a lot of great candidates, and we’ll see how rapidly it progresses,' Bessent added. 'It’s President Trump’s ...

The process to choose the next head of the Federal Reserve is getting under way, Treasury Secretary Scott Bessent said, suggesting that when current Chair Jerome Powell is replaced, he should also ...