News

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 ...

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 ...

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 ...

'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 ...

‘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 ...

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 Says He’ll Likely Name Temporary Fed Governor to Open Seat

President Donald Trump indicated he would likely nominate a temporary Federal Reserve governor to fill the soon-to-be vacant seat on the central bank’s board within the coming days, rather than use ...