Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

President Trump criticises Fed Chair Jerome Powell's handling of a $2.5 billion renovation project, hinting at potential ...

The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.

A broader political battle over Trump’s tariffs is emerging, a fight that will ultimately be determined by how the U.S.