The Federal Reserve held interest rates steady in January. Fed Chair Jerome Powell has faced pressure from Trump to cut rates, and from a DOJ probe.

The Wall Street veteran once held hawkish views on interest rates but has recently signaled a stance more in line with the president’s public demands.

The new Federal Reserve chair will step in as the world’s most powerful central bank faces scrutiny over interest rates and rising prices affecting Americans.

Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a case on Fed independence.

Federal Reserve Chair Jerome Powell is under a criminal investigation for testimony on renovation funds used for federal reserve buildings. US President Donald Trump has denied all involvement and sai ...

Add Yahoo as a preferred source to see more of our stories on Google. President Trump congratulates Jerome Powell in 2017 after announcing him as his nominee for chairman of the Federal Reserve.

The Justice Department has served grand jury subpoenas to the Federal Reserve, escalating a high-stakes battle over institutional independence.

President Donald Trump has long disliked Federal Reserve Board Chair Jerome H. Powell. Now, the Justice Department has launched a criminal inquiry into Powell. We look at his probe and what it ...

Federal Reserve Chair Jerome Powell refused to answer three straight questions about politics during his press conference ...