Donald Trump

Many industry observers believe Federal Reserve Board Janet Yellen will retire from the central bank once her term as chair expires in February. But there are reasons she might stay.

Jerome Powell wasn’t a lock to be President Donald Trump’s pick to lead the Federal Reserve.

The bond markets will not have a huge reaction to the nomination of Governor Jerome Powell as chair as of Federal Reserve Board, seeing it as a continuation of the monetary policies of Janet Yellen and Ben Bernanke before her.

President Donald Trump plans to announce his choice for the next Fed chairman on Thursday, the day before he departs for a trip to Asia, a White House official said.

President Donald Trump is leaning toward appointing Federal Reserve Governor Jerome Powell to be the next chairman of the Fed, according to three people familiar with the matter.

President Donald Trump does not intend to appoint National Economic Council Director Gary Cohn to lead the Federal Reserve, three people familiar with the matter said.

Janet Yellen’s only advocate in the White House may be the one person who matters most: President Donald Trump.

The Senate is scheduled to vote Tuesday on a $36.5 billion short-term disaster aid package.

Federal Reserve Chair Janet Yellen defended the central bank’s use of unconventional and often unpopular monetary policy tools after the Great Recession.

The U.S. Senate probably will confirm President Donald Trump’s pick to lead the Federal Reserve, but the process won’t be free of drama.