In a letter posted to social media last week, Russell Vought, the head of the Office of Management and Budget, also slammed ...

The move comes amid speculation that Trump, who has clashed with Powell over interest rates, might try to use the project to remove the Fed chief “for cause." ...

During a press gaggle on Friday, Office of Management and Budget Director Russel Vought spoke about Fed Chair Jerome Powell.

Trump announces 30% tariffs on EU and Mexico, sparking market declines and global trade realignment as allies seek alternative partnerships.

Saravelos said a removal of Powell would be far worse than President Nixon’s imposition of Arthur Burns on the Fed in the 1970s. Nixon and Burns, like Trump, were fixated on lowering interest ...

President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly ...

White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of ...

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

President Donald Trump has called Fed Chair Jerome Powell a "numbskull" and a "stupid person." Vice President JD Vance has said the Fed's refusal to cut rates is "monetary malpractice." Commerce ...

All things being equal, easier monetary policy tends to be good for risk assets — crypto surely among them. Bitcoin rallied ...

Latest news and live updates as Trump announces the U.S. will send Patriot missiles to Ukraine and meets with NATO's ...

Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the ...