Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar
Bessent doesn’t seem to disagree with Trump, and even criticized the Fed himself in September after its jumbo rate cut. “If you were concerned about the integrity of the institution, you would not have done it. You especially would have not done a ...
Inside the bitter fight to become Donald Trump’s Treasury secretary
Last Saturday, the billionaire entrepreneur and Donald Trump confidant Elon Musk said the Wall Street investor’s appointment as Treasury secretary would amount to “business-as-usual”. After Musk’s tweet on X,
Trump considers Warsh for Treasury Secretary and later Fed chairman, WSJ reports
U.S. President-elect Donald Trump floated the idea of appointing Kevin Warsh as Treasury Secretary on the understanding that he could later be Federal Reserve chair, the Wall Street Journal reported on Thursday,
Trump chooses Bessent for treasury secretary, Vought for budget director
President-elect Donald Trump on Friday announced hedge fund manager Scott Bessent as his choice for treasury secretary and first-term official Russell Vought to head the Office of Management and Budget.
Trump chooses Bessent to be Treasury secretary and Vought as top budget official
President-elect Donald Trump announced Friday that he'll nominate former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. Trump also said he would nominate Russel Vought to lead the Office of Management and Budget,
Fed's Goolsbee says pace of rate cuts may need to slow
Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his ...
'They are fed up': Dem mayor's office demands solution on key issue after voters sent 'resounding message'
In response to the Biden administration loosening key immigration restrictions, New York City Mayor Eric Adams sounded off on ...
Bloomberg L.P.1d
US Debt Load Tops Fed’s Survey of Financial Stability Risks
“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the ...
Fed survey finds inflation fading as a risk next to debt, trade wars
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
Fed Plans to Review Its Approach Next Year
Depending on whom you ask, the Federal Reserve has done an admirable job of wrestling inflation back under control, or ...
Fed Announces Details and Focus of Upcoming Framework Review
The Federal Reserve announced more details about its upcoming framework review Friday, including a specific focus on the ...
The Fed should sell its 70s-era gold stockpile and buy bitcoin to establish a crypto reserve, Sen. Cynthia Lummis says
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
Fed’s Williams Sees Inflation Cooling and Interest Rates Falling Further
John Williams, who heads the Federal Reserve Bank of New York, expects the economy to grow by about 2.5% next year.
Markets think the odds of a Fed pause in December are rising
Traders see 45% odds of a Fed pause in December, up from 17% last week as markets digest a win for Trump and cautious remarks ...
Wall Street Journal1d
The Fed Is Planning to Review Its Approach Next Year
Fed Chair Jerome Powell last week. (Shelby Tauber/Bloomberg News) Depending on whom you ask, the Federal Reserve has done ...
Fox News on MSN11h
Fed is making it ‘very clear’ that they will not touch rates next month, expert predicts
Fed is making it ‘very clear’ that they will not touch rates next month, expert predicts SlateStone Wealth chief market ...