Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.

Rep. Anna Paulina Luna (R-Fla.) referred embattled Federal Reserve Chairman Jerome Powell for prosecution Monday after he allegedly lied to Congress about $2.5 billion in renovations for a new HQ rivaling the “Palace of Versailles” in its opulence.

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor."

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.

While San Francisco Federal Reserve Chair Mary Daly confessed to the Financial Times that the U.S. central bank could begin reducing its debt purchases later this year, her counterpart at the ...

Reuters. FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve moves to the podium at the White House in Washington, U.S ...