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Fed chair contender is now in favor of cutting rates, just as Trump wants
Kevin Warsh, a top contender to replace Jerome Powell as chair of the Federal Reserve, is finally ready to cut interest rates ...
Cryptopolitan on MSN5h
Fed’s Kevin Warsh does a full U-turn on rate cuts as he looks to take Powell’s job
In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.7 ...
The New Republic on MSN8hOpinion
The Small Army of Trump Sycophants Gunning to be the Next Fed Chair
Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...
Benzinga on MSN1h
Fed Launches Internal Review Of $2.5B Renovation As Trump Officials Slam Oversight, Spending
The Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following ...
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...
Trump economics adviser Kevin Hassett is rising in race for next Fed chief
Kevin Hassett, President Donald Trump’s longest-serving economic adviser, is a leading contender to become the next Federal ...
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JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Why Trump’s Fight Over the Fed’s HQ Renovation Matters
Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.
Bessent suggests that Powell should exit the Fed in May
Treasury Secretary Scott Bessent said on Tuesday it would be less confusing for the markets if Federal Reserve Chair Jerome Powell stepped down as a Fed governor at the same time that his term as ...
Banking Dive1h
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s headquarters, with one saying the Trump administration is examining whether it can ...