The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...

As President Donald Trump's second administration continued its swift recasting of the federal government and American ...

The Senate confirmation hearing for Linda McMahon, Trump’s pick to lead the U.S. Department of Education, has been delayed ...

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.

If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least ...

The decision reflects a cautious stance as the Fed assesses the direction of inflation and policies President Trump may ...

Treasury Secretary Scott Bessent emphasized that the Trump administration’s priority is to lower 10-year Treasury yields, not the Fed’s benchmark interest rate. Bessent highlighted the importance of ...

A federal judge has blocked President Donald Trump’s plan to push out federal employees by offering them financial incentives ...

The Trump administration warned federal employees that they could be furloughed if they don't accept a buyout offer.