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Jerome Powell, Scott Bessent

Forbes on MSN · 3h

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.

Reuters on MSN · 4h

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.

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."

Fed, Powell and Trump

Fox Business on MSN · 17h

Powell asks for IG review after Trump administration flags Fed's costly building renovation

Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.

CNN on MSN · 21h

Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan

Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,

Reuters on MSN · 20h

Fed's Powell asks for inspector general review of project criticized by Trump officials

Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.

17hon MSN

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?

1d

Why Trump removing Powell is the market's most underestimated risk

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event ...

20hon MSN

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" ...

6h

The moment Olivia Rodrigo guitarist Arianna Powell found out she’d be playing with a Cure legend

Smith had some words of wisdom for Rodrigo’s band ahead of his surprise guest spot at one of the most star-studded music ...

23hon MSN

Contenders to succeed Powell slam Fed chair as White House pressure intensifies

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...

3hon MSNOpinion

Trump is going after Jay Powell. It’ll probably just make things worse

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the ...

3hOpinion

Robert Powell is right: we must resist the scourge of e-bikes

Poor Robert Powell. You’d think after playing Jesus of Nazareth so brilliantly all those years ago he’d be entitled to a ...

2h

JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts

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

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