The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.

Donald Trump is narrowing down his short list of possible successors to Federal Reserve Chairman Jerome Powell, as he resists the president’s very public calls to cut interest rates. The top contenders include two Kevins,

President Donald Trump has unleashed on Federal Reserve Chair Jerome Powell as an Apprentice-style showdown for a replacement is unfolding in the background. “ANYBODY BUT ‘TOO LATE,’” Trump wrote in a post Wednesday morning,

Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's tariff actions and their impact on global trade.

With Trump's tariff deadlines pushed out, Jerome Powell and the Fed might be comfortable waiting longer before cutting interest rates.

The latest letters, which Trump revealed in Truth Social screenshots, were sent to the leaders of the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka.