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A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out of firing Fed Chair Jerome Powell. While Trump dismissed the account, CNBC’s Andrew Ross Sorkin says a new strategy may be emerging: naming a “shadow Fed chair” ahead of Powell’s term ending in May.
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Treasury Secretary Scott Bessent suggested on Monday that the government could open an investigation into the Federal Reserve ...
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
Cleveland-Cliffs CEO Lourenco Goncalves said the steelmaker is starting to see the positive impact of President Donald ...
President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his ...
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