A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
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Hassett, Kevin A
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For Hassett, Loyalty to Trump Became a Liability in Fed Race
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.
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Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
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Jobs Report Shows U.S. Hiring Slowed One Year Into Trump’s Second Term
As economists pointed to some of the president’s policies to explain the latest Labor Department data, White House aides sought to make the case for optimism in the new year.
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Fed Keeps Close Eye on Labor Market as It Assesses Further Cuts
For the central bank to lower interest rates again, officials will likely need to see more notable signs that unemployment is rising.
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Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.
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Chasing an Economic Boom, White House Dismisses Risks of A.I.
The administration has downplayed concerns — from mass job losses, to a potential financial bubble — as President Trump cheers soaring stock prices and faster growth.
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Trump Gets to Pick a New Fed Chair but a Divided Board Still Gets a Say
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
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Trump’s Search for Powell’s Replacement Adds to Cacophony Around Interest Rate Decision
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.
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