There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down.

Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. But he doesn't think Fed Chair Jerome Powell should step down immediately.

The president has accused Powell of being political and nicknamed him “too late” when it came time to adjusting interest rates.

Pentagram proved that it sometimes takes fifty years to be an overnight sensation. Formed in the early 1970s by lead singer Bobby Liebling, the band is considered one of the first American heavy metal groups. However, they never achieved the same level of mainstream success as their peers—until ...

Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,