The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The Fed has set an inflation target of 2% before it ...

President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...

US President Donald Trump told CNBC on Tuesday US time that he has narrowed the field of potential future Federal Reserve ...

Treasaury Secretary Scott Bessent is no longer being considered for the next Federal Reserve chair, according to President ...

President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes to the Federal Reserve’s leadership, is drawing more attention to the way ...

Bessent did not want to be nominated to replace Jerome Powell as the next chair of the Federal Reserve. Read more at ...

The Treasury Secretary has said he has "the best job in Washington," although he has often been floated as a name for the top ...

US President Trump said he is considering four candidates to replace Federal Reserve Chair Jerome Powell but ruled out ...

The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent ...

President Trump said Tuesday he was taking Treasury Secretary Scott Bessent off the list of prospective candidates for the next chairman of the Federal Reserve. “Well I love Scott, but he wants to ...

President Donald Trump said that he would fill two key leadership positions with significant oversight of the US economy as ...

Wall Street futures edged higher on Tuesday, building on momentum from the previous session as expectations for the Federal ...