News

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Why Trump’s Fed Nominee Likely Won’t Make the September Meeting
President Donald Trump told CNBC on Tuesday that the resignation of Fed governor Adriana Kugler “was a pleasant surprise.” ...
Trump's attacks on Fed, data integrity weigh on US dollar forecasts: Reuters poll
The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the ...
The Trump Administration Dismisses Most on a Federal Board Overseeing Puerto Rico's Finances
The Trump administration has dismissed five out of seven members on Puerto Rico’s federal control board that oversees the U.S ...
Trump’s Fed Pick Likely to Find Colleagues Cautious on Rate Cuts
President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes ...
Sen. Elizabeth Warren touts investigations into Trump administration's federal cuts
Warren is leading investigations into cuts at two major federal agencies. As the Trump administration says it's continuing ...
Company advised by Trump sons said it hoped to benefit from fed money, then took it back
A public document filed by a company that just hired President Donald Trump’s two oldest sons as advisers included a sentence ...
Trump is about to make two key appointments. Faith in the economy is at stake
President Donald Trump said that he would fill two key leadership positions with significant oversight of the US economy as ...