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Trump Says Scott Bessent Won’t Be Fed Chair Pick

Fox Business on MSN · 44m

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

USA TODAY on MSN · 49m

Trump considers four finalists for new Fed chair, rules out Scott Bessent

President Trump said he has four finalists in mind to replace Fed Chair Jerome Powell while ruling out Treasury Secretary Bessent as a possibility.

Fortune on MSN · 2h

Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’

The Treasury Secretary has said he has "the best job in Washington," although he has often been floated as a name for the top job at the central bank.

Fed, U.S. dollar

US dollar rises as market eyes Fed chair successor

The U.S. dollar rose against most currencies on Tuesday, but remained within striking distance of Friday’s lows, with the market still in consolidation mode.

Hosted on MSN · 1d

Dollar steadies after tumble as investors eye imminent Fed cuts

A battered dollar edged marginally higher on Monday after a dismal U.S. jobs report and President Donald Trump's firing of a top labour official stunned investors and led them to ramp up bets of imminent Federal Reserve rate cuts.

InvestorsHub on MSN · 1d

U.S. Dollar Weakens Further as Traders Bet on Fed Rate Cut Following Jobs Miss

The dollar extended its retreat on Monday after a disappointing U.S. jobs report added fuel to speculation that the Federal Reserve may begin easing rates as early as next month. As of 04:20 ET (08:20 GMT),

4h

Where Are Fed Interest Rates Headed? Here's What Traders Think.

Friday's weak jobs report has rekindled bets on the Federal Reserve making a series of interest-rate cuts this year. As of ...

4h

Remarks by Fed's Daly reinforce rate-cut expectations

San Francisco Federal Reserve Bank President Mary Daly, in an interview with Reuters published late Monday, said a softening ...

Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113,000 After ISM Services PMI

A stalwart in showing strong economic activity, the ISM Services PMI has notably slower over the past three months.

2hon MSN

Trump's attacks on Fed, data integrity weigh on US dollar forecasts: Reuters poll

The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the ...

3hon MSN

Danish zoo calls for unwanted pets to be fed to its animals

Donated pets will be “gently euthanized” by trained staff and then used as “fodder” to take care of the well-being of ...

2hon MSN

Trump Doubles Down on ‘Rigged’ Job Data Claim on CNBC, Says Bessent Won’t Be Fed Nominee

President Donald Trump doubled down on claims that the Bureau of Labor Statistics had “rigged” jobs data during a Tuesday ...

1don MSN

Fed rate cuts could spark a new stock bubble, SocGen says. Here's the level to watch in the S&P 500.

The S&P 500 risks entering bubble territory once it passes a key threshold, according to strategists at SocGen, and Fed rate ...

18hon MSN

Fed's Mary Daly: Job market is not precariously weak, but it is softening

CNBC's Steve Liesman reports on commentary about the U.S. economy from Mary Daly, president of the Federal Reserve Bank of ...

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