President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...

This is an online version of Spencer's Markets A.M. newsletter. Get investing insights in your inbox each weekday by signing ...

However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...

President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve, but ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

President Ramaphosa's special envoy has reportedly been rejected by the US, in the latest sign of frosty relations.

The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...

US Treasury Secretary Scott Bessent implied during an interview with Bloomberg Television on Tuesday that the US approved ...

U.S. President Donald Trump said on Tuesday (July 15) that Treasury Secretary Scott Bessent is an option to replace Federal ...

In a dramatic turn, U.S. Treasury Secretary Scott Bessent has revealed that the formal process to replace Jerome Powell as Fed Chair is now underway. Speaking on Bloomberg Surveillance, Bessent ...