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A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out of firing Fed Chair Jerome Powell. While Trump dismissed the account, CNBC’s Andrew Ross Sorkin says a new strategy may be emerging: naming a “shadow Fed chair” ahead of Powell’s term ending in May.
If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been ...
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal ...
The New Republic on MSN1h
Judge Orders Trump to “Stop Violating the Law!” AlreadySpecifically, the Clinton-appointed judge ruled that Trump’s Office of Management and Budget broke the law by taking down the ...
President Donald Trump wants the Federal Reserve to slash interest rates by three percentage points, a massive cut that could ...
U.S. President Donald Trump's administration wants to visit the Federal Reserve's Washington headquarters this week to review its $2.5 billion renovation, Semafor reported on Monday, citing White ...
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
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