Betting markets show Kevin Warsh (24%), Scott Bessent (20%), Kevin Hasset (12%), and Christopher Waller (12%) as top ...

Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...

The president wants to reduce the trillion-dollar interest cost of the government. To do so he needs the Fed to slash rates, ...

The Bernanke digression is useful as a way of vivifying Bagehot’s words. Bernanke wasn’t going to let political affiliation ...

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It is becoming clear what the major challenge will be for Jerome Powell's successor: maintaining the Fed's independence while ...

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.

White House economic adviser Kevin Hassett drew laughter from a roomful of economists in late March when he launched into an ...