The president has a path to controlling monetary policy even without replacing the Fed chair, Benn Steil writes in a ...

At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.

The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...

Bitcoin spiked above $93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve ...

White House Down Babyish billionaire Elon Musk and Donald Trump have been growing closer recently, though the President-elect ...

Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A ...

Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...

Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

The Federal Reserve cuts interest rates for a second straight time in an effort to keep the economy humming. But it now must ...