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'Five Very Strong Candidates': The Federal Reserve's Independence Nears Its End As Scott Bessent Discusses Jerome Powell's Replacement
During a recent interview on CNBC, Treasury Secretary Scott Bessent discussed five "very strong" candidates to become the ...
The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve ...
1don MSNOpinion
Scott Bessent wants the era of Fed-watching to end: They should ‘move back into the background’ and make fewer speeches, he says
The Fed didn't want to get embroiled in politics in 2025—or ever. But Bessent wants them even further out of the public eye.
President Trump said he wants to fire Federal Reserve Chairman Jerome Powell, but Treasury Secretary Scott Bessent has advised against it. "I’ll be honest. I’d like to fire his ass," Trump said during ...
Federal Reserve Chair Jerome Powell has said there is no 'risk-free path' for the central bank. (Al Drago/Bloomberg News) The Federal Reserve’s widely expected quarter-point rate cut on Wednesday is ...
Documents released by the House Oversight Committee this week include a Dec. 22, 2018 email exchange between Jeffrey Epstein ...
Offsetting the tepid employment outlook, which forms one part of the Fed’s mandate, is the inflation question. Members of the ...
5don MSNOpinion
Thank heavens for Fed Chair Jerome Powell
The latest jobs numbers show, once again, just how right Federal Reserve Chair Jerome Powell has been all year long — and ...
Stocks quickly dipped on Wednesday afternoon as Federal Reserve Chair Jerome Powell said officials had "strongly differing views about how to proceed" with monetary policy in December. "A further ...
Live Updates Get The Best Apple Live Earnings Coverage Like This Every Quarter Get earnings reminders, our top analysis on ...
U.S. stocks were trimming earlier afternoon losses as Federal Reserve Chair Jerome Powell laid out a case for Wednesday's interest-rate cut but signaled a cautious stance going forward. When asked ...
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