News

Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...
Who’s on Trump’s short list for Jerome Powell’s replacement at the Fed
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
Prediction market traders bet 'the Kevin's' are Trump’s Fed chair picks
Kevin Hassett leads prediction markets at 48%, while Kevin Warsh follows at 29% as top contenders for Federal Reserve ...
Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
‘Give me a break’: Trump says he hired Fed chair Powell as a ‘favor’ after CNBC host presses him on labor bureau firing
Trump defended his recent decision to fire head of BLS while distancing himself from his past decision to hire Fed chair ...
'Worst Fed chair in history’: WH trade adviser Peter Navarro calls on Jerome Powell to resign
Senior counselor to the president Peter Navarro joins Meet the Press NOW to explain President Trump’s decision to fire the ...
Why Wall Street’s Top Banks Don’t Think the Fed Will Cut Rates at All This Year
“Our house view continues to be that the Fed won’t cut this year, but will end up cutting more than expected next year,” Morgan Stanley strategists said. Incidentally, both banks are now at odds with ...
Trump Advisers Push for a Temporary Fed Governor to Fill Open Seat
Donald Trump’s advisers are encouraging him to nominate a temporary Federal Reserve governor to fill the soon-to-be vacant ...