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US Treasury chief: No need for Fed's Powell to step down right now
WASHINGTON (Reuters) -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 central bank's non-monetary policy functions.
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and ...
The war between the Trump administration and Fed Chair Jerome Powell has ratcheted up, with a top Trump ally in Congress ...
Al Jazeera on MSN2h
Why Trump’s attacks on Jerome Powell are raising fears for the US economyThe US president’s broadsides have raised fears for the independence of the Federal Reserve. United States President Donald ...
Powell is delivering opening remarks just hours after it was revealed Rep. Anna Paulina Luna referred him to the Justice Department on charges of perjury.
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
U.S. stocks signaled a calmness on Sunday night that belied a busy week ahead that includes a flood of corporate earnings, ...
U.S. Treasury yields creeped higher on Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s speech.
President Donald Trump has blasted Federal Reserve Chair Jerome Powell for months for not lowering interest rates, even threatening to fire the central banker. Now, the White House is seizing on a $2.
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