News

The Trump camp’s tug of war over Fed Chair Jerome Powell’s future
Under the law, Trump can fire Powell for what’s known as “cause.” What Trump’s inner circle is grappling with is what exactly ...
Trump won’t fire Powell as Fed chair, says Treasury chief Bessent
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome ...
Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks
Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.
Trump: Bessent an Option to Replace Fed Chair, 'But I Like the Job He's Doing'
With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to ...
Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr
Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.