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Bessent calls for internal review of Fed and 'deeper reforms' of big bank rules
Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks.
Fed's Bowman: Fed independence is very important with respect to monetary policy-CNBC
Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy without political interference is "very important."
Fed still set for extended hold in 2025, but likelihood of easing is rising
For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base case to feature one additional rate cut in the first half, which would take the fed funds rate to neutral levels by the end of that year.
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US-Finanzminister Bessent: Fed gefährdet Unabhängigkeit durch eigene Expansion
US-Finanzminister Scott Bessent fordert eine Überprüfung der Entscheidung, Teile der Zentrale der US-Notenbank in Washington zu renovieren. In einem Beitrag auf X schrieb er: “Auch wenn ich weder Kenntnis noch Meinung zur rechtlichen Grundlage der massiven Gebäuderenovierungen in der Constitution Avenue habe,
The Fed’s $2.5B renovation irking President Trump and team
The over budget renovation of the Federal Reserve's headquarters draws criticism from the Trump administration and raises pressure on Chairman Jerome Powell.
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
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 dot-com boom seen in the 1990s.
Bessent Calls For Review of Fed’s Building Renovations
Good morning. The US Treasury secretary calls for a review of the Federal Reserve’s renovation of its headquarters. The Bank of England is said to be considering shelving plans for a digital pound. And Victoria Beckham’s fashion company is on the road to profitability.
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.
The Markets Advance Despite Trump’s Attacks on the Fed and Trade Partners
Investors continue to shrug off the president’s threats, sending stocks to new highs. That calm could be tested going into a packed week for corporate earnings.
Fed posts video tour, renovation details as White House intensifies attacks
The Federal Reserve on Monday added a video tour and new details about the renovation of two historical buildings at its headquarters in Washington, as the Trump administration ramps up attacks on U.S.
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