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U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...
Bowman and a fellow dissenter lost out after nine other Fed officials voted to keep interest rates steady, as the Fed has been doing all year. The Fed's chair, Jerome Powell, has been adamant that he ...
James Bullard, a former St. Louis Fed president, and economic consultant Marc Sumerlin are in the running to succeed Jerome ...
Trump, desperate to have a voice in Fed interest-rate decisions, got an opportunity to put his own stamp on the board earlier than expected when Adriana Kugler announced in August that she would step ...
"The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes." ...
Apple announced $100 billion in new U.S. manufacturing investments, sending its shares up over 10% for the week. After recent declines, triggered by a weaker-than-expected jobs report and a June ...
Donald Trump says "the Two Kevins" are among the leading candidates to lead the Federal Reserve. Someone else is surging in ...
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next choice will be far more consequential — and it’s already taking shape.
President Donald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve’s board of governors for ...
Regardless of what's thrown Wall Street's way, the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite always find a ...
As President Trump pressures for lower interest rates, the search for a new Federal Reserve Chair, led by Scott Bessent, has ...
What happens when Fed Chair Jerome Powell leaves and President Donald Trump appoints some MAGA loyalist? From then on, a few ...
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