The dollar briefly tumbled on Wednesday and Treasury bond yields popped higher on reports citing an unidentified White House official that U.S. President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon,

"So he's doing a lousy job," Trump said. "But no, I'm not talking about that. We get -- fortunately, we get to make a change in the next one eight months or so, and, we'll pick somebody that's good."

Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'

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,

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great

Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing