The Fed's architects said the central bank wanted glass walls, but three Trump appointees felt marble best fit the building's ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

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Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.

Fed Chair Jerome Powell says Trump’s tariffs are a major reason for delaying interest rate cuts, citing global uncertainty and inflation concerns.

Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.

U.S. President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Friday, suggesting he would welcome Powell's resignation amid disagreements over interest rate policies.

U.S. Treasury yields were lower on Thursday amid renewed concerns that President Donald Trump is considering replacing Fed Chairman Jerome Powell.