The announcement caps an extensive search that started in September and was spearheaded by Treasury Secretary Scott Bessent, who presented final candidates to the president.

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...

Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank ...

The Federal Reserve has shifted from quantitative tightening back to quantitative easing. This policy change signals a renewed willingness to expand the Fed's securities portfolio. The move marks a ...

The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.

The Federal Reserve has shifted from quantitative tightening to quantitative easing as of December 2025. I observe $29.6 billion in securities added to the Fed's balance sheet between November 26, ...

Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.

President Donald Trump’s power over the Federal Reserve will be front and center at the Supreme Court next week.