Treasury Secretary Scott Bessent said on Tuesday it would be less confusing for the markets if Federal Reserve Chair Jerome Powell stepped down as a Fed governor at the same time that his term as ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald ...

The US central bank is grappling with housing issues on three fronts: inflation, rate policy, and its own headquarters.

In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.7 ...

Report is The Hill’s a.m. newsletter. Subscribe here or using the box below: President Trump is providing fresh support for Ukraine and hardening his position on Russia in an ...

Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4 ...

Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...

Treasury yields were little changed Tuesday as traders assessed the latest U.S. inflation report and what it means for Federal Reserve monetary policy going forward. The 10-year Treasury yield rose ...