US Treasury Secretary Scott Bessent is raising alarms over what he calls the Federal Reserve’s 'mandate creep.' In a bold statement, Bessent warned that the Fed is straying from its core monetary ...

There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said ...

Former Treasury Secretary Janet Yellen defended Federal Reserve Chairman Jerome Powell against calls for his resignation.

The Treasury chief on Monday called for an internal review of the Fed's non-monetary activities, including the renovation ...

Treasury Department Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in ...

The senator knocked the FHFA chief over voluminous social posting. Meanwhile, the Fed published a video tour of its ...

The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

Trump said the Federal Reserve should lower the policy rate by 3 percentage points. The Fed’s current target range is 4.25 ...