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Trump reportedly plans to fire Fed Chair Powell 'soon' as pressure increases on the central bank
President Trump appears to be inching closer to firing Jerome Powell as Federal Reserve chair, according to news reports and his own comments.
Trump says $2.5 billion Fed renovation 'sort of is' a fireable offense for Powell
President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve headquarters 'sort of is' a fireable offense, raising new questions about whether he may seek to oust the central bank boss.
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's about to be released -- he is entitled to early access --but said not to read too much into one month's number.
The Business Times19h
Bessent suggests Powell should leave Federal Reserve board in May
WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026. Read more at The Business Times.
Bessent on becoming Fed chair: ‘I will do what the president wants’
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump looks to replace the central bank chief as soon as possible. Asked if
Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump
Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com. Read more at straitstimes.com.
Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr
Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks. Read more here.
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