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Jerome Powell, Scott Bessent

Forbes on MSN · 2h

Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.

Fortune on MSN · 1h

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

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."

US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell.

Fed Chair Powell's finally fighting back

USA TODAY on MSN · 16h

Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?

Fox Business on MSN · 20h

Trump calls Fed Chair Powell a 'knucklehead,' says interest rates should be below 1%

President Donald Trump renewed his criticism of Federal Reserve policy under Jerome Powell, calling the chair a "knucklehead" and advocating for interest rates to be at less than 1%.

Axios on MSN · 22h

Here's how Trump's feud with Fed Chair Jerome Powell escalated

The Federal Reserve's $2.5 billion plan to renovate its D.C. headquarters is the latest flashpoint in President Trump's ongoing feud with chair Jerome Powell over interest rates. Why it matters: Trump previously said he wouldn't attempt to fire Powell until the chair's term ends next year,

16hon MSN

Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports

U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project ...

Axios on MSN4h

How the Fed sets rates — and why Powell can't do what Trump wants alone

President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step ...

14hon MSN

Jerome Powell's 'building fiasco' will be the 'end of his career,' says Bill Pulte

Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome ...

3don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

2don MSN

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...

17hon MSN

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

Trump's Authority Over Federal Reserve Under Scrutiny

White House economist Kevin Hassett stated that President Trump could fire Federal Reserve Chair Jerome Powell if evidence of ...

4don MSN

White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

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