The announcement caps an extensive search that started in September and was spearheaded by Treasury Secretary Scott Bessent, who presented final candidates to the president.

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...

Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the nation’s central bank opted to keep short ...

US President Donald Trump announced that he has picked Kevin Warsh as the new Federal Reserve Chairman, who will succeed ...

The Federal Open Market Committee kept the federal funds rate steady, following three rate cuts last year.

The US Federal Reserve is holding its first Federal Open Market Committee (FOMC) of 2026. The meeting that started on January ...

Jerome Powell's term as Federal Reserve chairman will end in May - the bank has been under political pressure from the White House about how it sets interest rates.

The U.S. Federal Reserve held interest rates steady, citing still-elevated inflation alongside solid economic growth.

President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of ...

The Federal Reserve left interest rates unchanged, despite relentless attacks from President Trump, who wants borrowing costs to be much lower.

Trump names his Fed chair nominee and strikes a deal with Senate Democrats ahead of a government shutdown deadline.

President Donald Trump plans to nominate Kevin Warsh to the board of the Federal Reserve as a governor and the next chair of ...