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Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...
President Trump responded angrily on Sunday to a Wall Street Journal story that Treasury Secretary Scott Bessent had personally sought to talk him out of trying to fire Federal Reserve Chairman ...
The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
As Trump allies intensify criticism of Jerome Powell, Treasury Secretary Scott Bessent urges caution, warning of legal chaos ...
In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...
Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic turmoil.
The WSJ report, quoting unnamed sources, said that Bessent had warned Trump about the possible legal, political, and market consequences of firing Powell before his term ends in May 2026.
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.
Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he ...
Trump is ramping up his attacks on the WSJ days after suing them over an article in which they reported that Trump wrote a ...