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US Treasury Chief: No Need for Fed's Powell to Step Down Right Now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.
It’s just six months into President Trump’s second term, and speculation is swirling about the fate of his Federal Reserve chairman, Jerome Powell. Headlines pulse with the drama of his impending ...
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Wednesday's market drama on ...
A political firestorm hit Wall Street Wednesday as speculation intensified that Trump may fire Federal Reserve Chair Jerome ...
The controversy triggered $2.4 million in total trading volumes on Kalshi, marking one of the most traded cultural events on ...
Trump asked a group of House Republicans if he should fire Powell, and some voiced approval. Several said Trump indicated he ...
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 ...
If Trump breaks the long-standing central bank independence, he would make long-term debt holders question the Fed’s ...
U.S. stock indexes initially tumbled following reports that President Trump might fire Federal Reserve Chair Jerome Powell.
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 ...
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