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Fed, Jerome Powell and Bessent

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Trump again calls for Fed board to act, says Powell 'doesn't get it'
U.S. President Donald Trump on Wednesday reiterated his criticism of Federal Reserve Chairman Jerome Powell amid his ongoing call for lower rates, and called on the central bank's board to act. "Our Rate should be three points lower than they are,

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Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Bessent calls for internal review of Fed but doesn't think Powell needs to step down
US Treasury Chief: No Need for Fed's Powell to Step Down Right Now
There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the...

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Bessent Sees Many ‘Strong Candidates’ to Succeed Powell
Trump admin live updates: Bessent says there's no reason for Fed chair to resign
Trump says he had only a few people in mind to replace Powell, but Bessent now says it’s a ‘long list’
Bessent said in an interview with Bloomberg on Wednesday that there is a “long list” of candidates for the job and that the process is just getting under way.

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Trump administration not in a rush to replace Powell, Treasury chief Bessent says
Stock Market Today: U.S. Reaches New Trade Pacts; Bessent Sees No Reason for Powell to Leave
Bond Traders Step Up 2026 Fed Cut Bets After Trump Bashes Powell
Bond traders are boosting bets that the Federal Reserve will cut interest rates more aggressively next year, as speculation mounts that an eventual change of leadership at the central bank will deliver the easier monetary policy that President Donald Trump is demanding.
Jerome Powell must quit to save the Fed, one prominent economist says
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
Why some economists think Powell should resign to save Fed independence
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.
Federal Reserve Banking Conference Avoids the Powell Drama
The Federal Reserve held a first-of-its-kind conference Tuesday to meet the banks they help regulate. The event was the creation of the Fed’s new top regulatory official, Michelle Bowman, and her stated goal is more transparency.
Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator
A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal Reserve, had quit on Tuesday. The senator tweeted and deleted the fake letter from his personal “basedmikelee” account, which staffers have confirmed that Lee operates directly.
3 Rumors That Fed Chair Powell Might Not Address At July's FOMC Meeting
On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair Powell will not likely address.
White House Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion revamp of the central bank’s headquarters.
Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support
U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury Secretary Scott Bessent called Powell "good public servant" suggesting he finish his term.
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