Treasury secretary nominee Scott Bessent told Senate lawmakers Thursday that the Federal Reserve should remain independent, but that Donald Trump 'is going to make his views known' as president.

The past quarter’s economic data showed that the inflation battle is not over; whether the Fed eases now depends on the data, a point Jerome Powell and the Federal Reserve have repeated ad nauseam. Then came last week’s nonfarm payrolls data for April,

When it comes to the US economy, the spotlight is on whom the president-elect might try to dismiss rather than whom he plans to appoint.

Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate rises to 10 percent and housing prices drop 40 percent.

Trump hasn’t even been sworn into office yet and he’s already locking horns with Fed chair Jerome Powell on interest rates. They're both right, underscoring the Catch-22 facing the central bank and the U.

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The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”

Trump's Treasury nominee, Scott Bessent, opposes a US CBDC, arguing it's unnecessary given existing secure US assets.

Senate confirmation hearing, President-elect Donald Trump’s Treasury Secretary nominee, Scott Bessent, dismissed the idea of a U.S. central bank digital currency (CBDC), easing the concerns some crypto observers have held for a long time.

Could a 50-year bond, redeemable in gold on America’s 300th Birthday, point the way out of the era of fiat money?

President-elect Donald Trump’s advisers are considering how they will reshape the leadership of the Federal Reserve including elevating Fed Governor Michelle Bowman to be the central bank’s next vice chair for supervision,

President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair ... Trump, who appointed Fed Chair Jerome Powell during his first term in 2017 ...