Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

Donald Trump is again considering firing Federal Reserve Chairman Jerome Powell, potentially igniting a complex legal battle. Powell asserts his removal is unlawful and vows to resist. The dispute ...

If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom ...

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any ...

Whatever the Fed chief’s errors, canning him early would be an economic and legal mistake.