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Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,
1don MSNOpinion
It’s just six months into President Trump’s second term, and speculation is swirling about the fate of his Federal Reserve ...
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Wednesday's market drama on ...
The controversy triggered $2.4 million in total trading volumes on Kalshi, marking one of the most traded cultural events on ...
U.S. stock indexes initially tumbled following reports that President Trump might fire Federal Reserve Chair Jerome Powell.
If Trump breaks the long-standing central bank independence, he would make long-term debt holders question the Fed’s ...
U.S. Treasury official Stanley Bessent said Monday that the Federal Reserve should be reviewed as an institution, questioning aspects of its decision-making and communication, particularly regarding ...
Trump started the speculation about a possible Powell firing when he said last month on social media that "Powell's termination cannot come fast enough." ...
Gold steadied after a volatile session on Wednesday as traders assessed the outlook for Jerome Powell’s tenure as Federal ...
President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about ...
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