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Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.
Treasury Secretary Scott Bessent is not one of them. Two under consideration are Kevin Hassett and Kevin Warsh.
For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...
Under questioning, Powell acknowledged that tariffs might not push up inflation as much as economists forecast. That, he said, could lead the Fed to reduce rates more quickly.
The Fed has taken a lot of heat for not cutting interest rates this year, but there's an overlooked opportunity amid high ...
While Fed Chair Jerome Powell left room for rate cuts ahead, markets now see the FOMC waiting until at least October before ...
President Donald Trump has long criticized Jerome Powell about interest rates. The Federal Reserve did not drop rates recently. Can Trump fire Powell?
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