Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends

Kevin Hassett, chair of the National Economic Council, has emerged as a serious contender to succeed Jerome Powell as Federal Reserve chair, according to a media report. Another discusses Treasury Secretary Scott Bessent's chances.

Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn.

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to

Prohibiting the Fed from paying interest on reserves wouldn’t protect taxpayers and would undermine the central bank’s ability to stabilize the economy.

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up pressure on individual Fed officials, such as Governor Chris Waller, who have been mentioned as potential successors to Powell, whose term ends in May 2026.