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A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.
Strong US data drives USD/JPY gains. Trade headlines, Services PMIs, Powell’s speech, and Tokyo inflation could shift yen ...
President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his ...
In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...
Insiders close to President Trump say he's ready to take steps to fire the Federal Reserve chair over costly renovations.
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Bart Melek, head of commodity strategy at TD Securities, said China would stock up on gold mainly to diversify its $3.3 trillion foreign-exchange reserve, of which only 6.7% is gold. This is to ...
If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom ...
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...