Secy. Bessent shrugs off Trump’s attacks on Fed Chair Powell
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Removing Federal Reserve Chair Jerome Powell from his position would provide minimal savings on Treasury debt costs while potentially causing counterproductive consequences across several dimensions,
OBAMA'S REBUKE: Former President Barack Obama’s office issued a rebuke of Trump yesterday over his accusation that his predecessor committed “treason” and rigged the 2016 and 2020 presidential elections.
Bond traders are boosting bets that the Federal Reserve will cut interest rates more aggressively next year, as speculation mounts that an eventual change of leadership at the central bank will deliver the easier monetary policy that President Donald Trump is demanding.
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy or news, as expected. Powell’s brief prepared remarks gave no monetary-policy hints and,
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In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused on the long game. In an interview with Fox Business News on Tuesday, Bessent said he was not pushing Powell to leave his post.
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion revamp of the central bank’s headquarters.
Treasury Secretary Scott Bessent said Tuesday that embattled Federal Reserve Chair Jerome Powell should finish out his term if he wants. “If he wants to see that through, I think he should. If he wants to leave early,
The transfer hearing trial of Malakiah Harris, who is accused of murdering Powell teen Savannah Grace Copeland, is set for January 20-23, 2026. A status hearing is set for September 26.