At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.

White House Down Babyish billionaire Elon Musk and Donald Trump have been growing closer recently, though the President-elect ...

Bitcoin spiked above $93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve ...

The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald ...

Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A ...

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is ...

Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.

Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...

The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Thursday, as expected, to the ...

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?