Treasury Secretary Scott Bessent says there’s no sign Fed Chair Powell will resign, despite Trump pressure—calling for a Fed review to shape Powell’s legacy.

(The Center Square) — U.S. Rep. Abe Hamadeh urged Federal Reserve Chairman Jerome Powell to resign, citing Powell's unwilingness to lower interest rates. The Republican congressman from Peoria, Arizona, made the request in a letter he sent Powell.

Trump's animosity with Powell stretches back to his first term in office — he accused the Fed in 2019 of holding the stock market back. Later that year, he said in an interview on the Fox ...

The debate is playing out amid both ambiguous data and increased political focus on Powell. RENEWED SPECULATION. Recent inflation readings have been better than expected, but many companies insist ...

Powell’s testimony came amid considerable criticism of the Fed’s policies, and even repeated calls for his resignation from within the Trump Administration. Following Powell’s House appearance Tuesday, “in anticipation of his Senate testimony tomorrow, I am calling for the resignation of Federal Reserve Chairman Jerome Powell,” Federal Housing Finance Agency (FHFA) Director Pulte ...

U.S. President Donald Trump has not decided on a replacement for Federal Reserve Chair Jerome Powell and a decision isn't imminent, a person familiar with the White House's deliberations said on ...