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Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what ...
The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.
President Trump says no one needs to explain to him that firing Federal Reserve Chair Jerome Powell would be bad for the ...
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
As of June 30, analysts projected S&P 500 earnings to grow 4.9% year over year in the second quarter, according to FactSet. That estimate was revised up to 5.6% as of July 18. Even so, if earnings ...
As speculation swirled Wednesday that President Trump might fire Federal Reserve Chair Jerome Powell, investors scrambled to ...
So Powell, head of the Federal Reserve, Donald Trump is doing everything he can to get the guy out because Donald Trump wants to see interest rates come down faster because he thinks it, you know, ...
A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.
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 ...
If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom ...
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Top News The Global Risks That Come With the Loss of an Independent Fed Shielded from White House interference, the independent Fed has increasingly served as an anchor for U.S. and global markets, ...