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Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board and that he was leaning toward a short-term appointment rather than nominating someone who could next year succeed Fed Chair Jerome Powell.
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...
The bank expects a quarter-point cut when the Fed next meets, followed by three more cuts of the same size at later meetings.
U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...
6don MSN
Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
WASHINGTON — President Trump appointed one of his top economic advisers to serve on the Federal Reserve Board of Governors ...
With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
Wall Street's main indexes looked at a positive start on Friday as U.S. President Donald Trump's temporary pick for a Federal ...
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