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The Trump-Powell feud keeps heating up. Meet the betting markets' top picks to replace the Fed chief.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.
US Treasury's Bessent calls for review of Fed non-monetary policy operations
U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.
Trump Ally Wants Powell Investigated by the Justice Department
In the latest attempt by a White House ally to turn up the heat on Jerome Powell, a Republican congresswoman has asked the Justice Department to investigate whether the Federal Reserve chief lied to C
Powell once said he couldn’t imagine leaving the Fed early—other than dying. ‘You will not see me getting in the lifeboat’
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than dying," Powell said in 2019.
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
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