The president's comments ended speculation that the treasury secretary would be in the running to succeed Jerome Powell, whose term ends in May 2026.

US President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer being considered to replace Jerome ...

After five years of a hot housing market, demand has cooled down because buyers can’t bear higher prices amid persistent high interest rates, and they’re fed up with the asking prices.

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent is no longer being considered as a replacement for Jerome Powell as Federal Reserve Chair and he has narrowed the field of ...

Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next ...

President Donald Trump said during a CNBC interview that Treasury Secretary Scott Bessent told him Monday night he didn’t ...

U.S. President Donald Trump said on Tuesday he had removed Treasury Secretary Scott Bessent from consideration for an open ...

July's dismal jobs report showed that the economy added only 73,000 jobs instead of the expected 100,000 and revised away 258 ...

President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...

Recent deep revisions to jobs data reveal unexpected labor market weakness, making a September Fed rate cut highly likely.

Treasaury Secretary Scott Bessent is no longer being considered for the next Federal Reserve chair, according to President ...

Trump's erratic tariff moves, repeated attacks on the U.S. central bank and Fed Chair Jerome Powell and rising debt levels ...