Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank ...

Treasury Secretary Bessent proposes requiring Fed regional bank presidents to live in their districts for three years, ...

Trump clearly loves Hassett, a longtime loyalist who served as head of the Council of Economic Advisers in his first term.

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank ...

The Federal Reserve's interest rate setting committee is expected to release its decision Wednesday afternoon about whether to lower rates, with most market watchers expecting a quarter-point cut. The ...

Investing.com -- U.S. Treasury Secretary Scott Bessent said Wednesday he plans to advocate for a requirement that Federal Reserve regional bank presidents must have lived in their districts for at ...

The Federal Reserve cut its short-term rate for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. The effects of the month-long government ...

Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut in October by the Federal Reserve. The core personal consumption expenditures ...