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JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve remains critically important, after President Donald Trump has spent months attacking Fed Chair Jerome Powell.
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.
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
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Stocktwits on MSNScott Bessent Says ‘Formal Process’ To Replace Fed Chair Jerome Powell Has BegunTreasury Secretary Scott Bessent revealed on Tuesday that the formal process to find a successor to Jerome Powell has begun, as the Trump administration continues to intensify its pressure on the ...
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Amazon S3 on MSNFed Launches Internal Review Of $2.5B Renovation As Trump Officials Slam Oversight, SpendingThe Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following ...
The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.
Treasury Secretary Scott Bessent confirmed on Tuesday that the administration was formally vetting a replacement for Federal Reserve Chairman Jerome Powell amid reports that he was mulling his ...
Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...
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