November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 ...

The Senate voted 68-29 on Monday to confirm Bessent, who was President Donald Trump’s pick to succeed former Treasury Secretary Janet Yellen.

and meeting periodically with Treasury Secretary Janet Yellen. According to the Federal Reserve Act, the chair and vice chair of the board are appointed by the president but must be confirmed by ...

Trump effectively pulls US out of global corporate tax deal January 21, 2025 U.S. Treasury Secretary Janet Yellen said ... remain the world's reserve currency, the Federal Reserve should stay ...

President Donald Trump filled a key role in his cabinet Monday when the Senate confirmed Scott Bessent, a Wall Street veteran ...

President Trump had a message last week for the Federal Reserve ... tool that the Federal Reserve turned to in 2022 to tame the hottest U.S. inflation in 40 years. But elected officials sometimes ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Federal Reserve said Wednesday that it will leave ... "Pressing the pause button," noted Lindsay Rosner, head of multisector fixed-income investing at Goldman Sachs Asset Management.

The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of ...