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Bessent eyes government review of Federal Reserve as Trump weighs firing Powell
Treasury Secretary Scott Bessent suggested on Monday that the government could open an investigation into the Federal Reserve ...
FAQ: Here’s what would happen if Trump actually tries to fire Powell
President Donald Trump has blasted Federal Reserve Chair Jerome Powell for months for not lowering interest rates, even threatening to fire the central banker.
How Bessent Made the Case to Trump Against Firing Fed Chair Powell
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
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 ...
Trump Threats Send Wall Street Hunting for Perfect Powell Hedge
On Wednesday morning, as markets worldwide shuddered on news that President Donald Trump was likely to fire Jerome Powell, ...
Bessent tried to dissuade Trump from firing Powell: WSJ
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting ...
An attempt by Trump to fire Powell would face major legal challenge
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Trump, White House touts accomplishments in first 6 months back in office
Fox News correspondent Mark Meredith reports on the Trump administration's accomplishments over the course of the first 6 months in office, Jerome Powell's position in the Federal Reserve and more on ...