Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...

Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...

President Donald Trump's coming nomination of a new member of the Federal Reserve's Board of Governors will focus attention ...

The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more ...

Treasury Secretary Scott Bessent is not one of them. Two under consideration are Kevin Hassett and Kevin Warsh.

President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.

Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the opportunity to appoint a new member to the central bank's board.

The clock is ticking as Donald Trump gets set to make two key appointments that pose a serious risk to America’s economy.

There's little doubt in the market's mind that the Bank of England will cut interest rates later today by another quarter point, making it five cuts in the past year.

US Treasuries, coming off their best day so far this year on Friday, held onto most of the move to start a week featuring a ...

The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.

President Donald Trump is actively seeking a new leader for the Federal Reserve, aiming for someone more aligned with his economic policies. With Jerome Powell's term nearing its end, Trump has ...