Trump, Jerome Powell and Deutsche Bank
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Concern about US President Donald Trump removing the Federal Reserve chairman will continue to linger over markets and put pressure on the dollar and Treasuries until it is resolved, said George Saravelos,
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Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
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Raw Story on MSN'Follow the money': Senator describes what he saw in Epstein's bank recordsA Democratic senator is continuing his investigation into Jeffrey Epstein's financial network as President Donald Trump calls on his supporters to move on. Sen. Ron Wyden (D-OR) and some of his staffers have seen confidential files related to the massive sums of money Epstein moved through the banking system to fund his sex trafficking network,
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line.
Sen. Ron Wyden has spent the past three years investigating the financial machinery behind Jeffrey Epstein’s sex-trafficking operation. The Oregon Democrat, who is the ranking member on the Senate Finance Committee,
For years, Donald Trump’s supporters demanded the release of the “Epstein files.” They insisted the disgraced financier’s powerful network would
Trump initially appointed Powell to the role of Fed Chairman in 2018. Joe Biden renominated him in 2021.
U.S. Treasury yields moved higher on Wednesday after President Donald Trump shut down speculation that he plans to fire Fed Chair Jerome Powell.
Key Takeaways The administration has admonished Federal Reserve Chair Jerome Powell for costly repairs to the central bank's main buildings.The Fed says the repairs were needed to address the disrepair of a building that hadn't been renovated since it was built in the 1930s.