Treasury Secretary Scott Bessent is leading a search for a successor to Fed Chair Jerome Powell, whom President Trump has pushed all year, in vain, to cut rates.

Both Federal Reserve vice chairs, Michelle Bowman and Philip Jefferson, as well as Dallas Fed President Lorie Logan are under ...

Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available next year, according to Bloomberg. The ...

Michelle Bowman, the Fed’s Vice Chair of Supervision, has argued for three interest rate cuts in 2025, citing signs of a ...