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A Wall Street Journal report on Saturday detailed Bessent's concerns in talks with the president over a possible ousting of the Fed chairman.
Buried in Trump’s beautiful bill is a new $250 fee on travelers to the U.S. Estimates project it could cut the federal deficit by nearly $30 billion Teen arrested in death of Maine paddleboarder ...
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting ...
The case of disgraced financier Jeffrey Epstein dominated headlines once again this week as President Trump has struggled to manage the fallout over an FBI and Department of Justice memo that ...
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...
The Trump administration says it will facilitate the return of former detainees of an El Salvador prison to the U.S. from ...
Insiders close to President Trump say he's ready to take steps to fire the Federal Reserve chair over costly renovations.
Finance chiefs from the Group of 20 (G20) countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day ...
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Star Sports political betting analyst William Kedjanyi told Newsweek: "Donald Trump has been harassing Jerome Powell, chair of the Federal Reserve, for months and months over interest rates. Trump ...