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Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off ...
Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president ...
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
Mohamed El-Erian says Jerome Powell should resign to protect Fed independence as political and legal pressure escalates.
Bitcoin's 5% correction from all-time highs comes as sticky inflation and talk of Fed Chair Jerome Powell's replacement ...
Bloomberg on MSN5d
Krugman on Trump's Call for Fed Rate Cut, Powell SuccessorNobel laureate Paul Krugman, a distinguished professor at the City University of New York, says President Donald Trump's call ...
Bloomberg on MSN7d
Bessent: 'Formal Process' for Powell Successor Already StartingUS Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman Jerome Powell is already starting. Bessent added, "I think it'd be very ...
On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any ...
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