Fed, Jerome Powell and renovation
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CCN on MSNScott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him to resign. Bessent is
In a recent statement, President Trump suggested Treasury Secretary Scott Bessent as a candidate to replace Federal Reserve Chairman Jerome Powell. While praising Bessent, Trump expressed frustration over Powell's rate policies and renovation expenses.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
JPMorgan Chase boss Jamie Dimon warned President Donald Trump on Tuesday about attacks against Federal Reserve Chairman Jerome Powell, noting the importance of the Fed's independence. "Playing around with the Fed could have adverse consequences,
President Trump and his lieutenants have been bullying Federal Reserve Chair Jerome Powell for months over the Fed's reluctance to lower interest rates. But even if that campaign is successful, the president may not really get what he wants.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
President Trump criticized Jerome Powell as 'very bad for the country,' arguing the Fed should have lower interest rates while questioning the $2.5 billion building project.
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell.