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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.
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and ...
Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...
In the latest attempt by a White House ally to turn up the heat on Jerome Powell, a Republican congresswoman has asked the ...
While overall levels of implied volatility remain muted across asset classes, what stands out is the even lower levels of ...
In a bold and unusually direct speech to close out last week, Fed Governor Christopher Waller laid out the case for an ...
Republican U.S. Representative Anna Paulina Luna made good on her threat last week to refer Federal Reserve Chairman Jerome ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
The European Union remains the key wildcard. As the U.S.’s largest trading partner, the EU stands to lose the most from a ...
14hon MSN
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
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