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Fed, Trump and Scott Bessent

Reuters on MSN · 11m

Trump administration will focus on Fed chair replacement in fall, Bessent says

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials had "a lot of good candidates.

Fox Business on MSN · 3h

Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for the Fed's Jerome Powell to resign.

U.S. News & World Report · 1d

Trump Says He Has 'Two or Three' Choices to Replace Fed's Powell

Since returning to the White House in January, Trump has criticized Powell and other Fed governors for deciding not to lower interest rates, which are currently in the 4.25%-4.50% range.

The President Sent This Note To Fed Chair Today

The New York Times · 2h

Solid Jobs Report Keeps Fed Rate Cuts at Bay

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.

ABC News on MSN · 1d

Fed Chair Powell says he won't rule out interest rate cut this month

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald Trump, who has repeatedly urged Powell to slash interest rates.

RealClearPolitics · 2d

WH Asks Fed To Lower Rates: "The President Sent This Note To The Fed Chair Today"

White House spokesperson Karoline Leavitt revealed on Monday that President Trump sent a copy of this handwritten note to Federal Reserve Chair Jerome Powell, making the case that he should lower interest rates: KAROLINE LEAVITT: The one problem that remains is high interest rates for the American people.

40mon MSN

Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker

The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...

2hon MSN

Fed's Bostic: Adjustment to Trump policies could take a year or more

The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...

7h

The Labor Market Puts Pressure on the Fed to Act Sooner Than Later

“Foreign-born workers accounted for four fifths of labor force growth between early 2020 and early 2025,” Adams said.

3h

Why the Fed Is Likely to Stay on Pause

The June jobs report is likely to keep the Federal Reserve in a wait-and-see stance for the summer, writes our Nick Timiraos, ...

5hon MSN

Traders pare bets on Fed rate cuts after jobs report

A still-strong job market will keep the Federal Reserve from cutting interest rates until September, and from delivering more ...

5hon MSN

Silêncio de Powell complica busca de Trump por novo chefe do Fed

Enquanto o presidente americano Donald Trump e seus assessores começam a avaliar substitutos para o presidente do Federal ...

33mon MSN

July Fed cut is off the table and September's is now in question, says CFR’s Rebecca Patterson

Council on Foreign Relations’ Rebecca Patterson joins 'Closing Bell: Overtime' to discuss the market's upside run, Fed's next ...

2hon MSN

Fannie Mae Chair Pulte drops grim message to Fed Chair Powell

Fannie Mae Chairman and Director of the Federal Housing Finance Agency Bill Pulte released a statement calling on Congress to ...

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