Powell, Scott Bessent
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President Trump, left, has accused Fed boss Powell, right, of being too slow to cut interest rates and this week described him as a 'knucklehead'.
When this particular week in Washington politics is parsed by the historians, they may conclude that whatever the merits and faults of Federal Reserve chairman Jerome Powell, he at least did not lack moral backbone.
President Donald Trump's effort to appoint a new leader at the helm of the world’s most influential central bank is intensifying.
Bitcoin's 5% correction from all-time highs comes as sticky inflation and talk of Fed Chair Jerome Powell's replacement lingers.
President Trump told Republican lawmakers he was leaning toward firing Fed Chair Jerome Powell, but said he wouldn't on Wednesday.