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Bessent won’t replace Powell

Fortune on MSN · 1h

Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’

The Treasury Secretary has said he has "the best job in Washington," although he has often been floated as a name for the top job at the central bank.

Forbes on MSN · 1h

Trump Says 4 Candidates Running For Fed Chair—As Treasury Secretary Bessent ‘Does Not Want’ Role

The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent dropped out of consideration, President Donald Trump said Tuesday amid his growing feud with Powell over the agency’s decision to hold interest rates.

Trump rules out Bessent as next Fed chair, says may name Powell replacement soon

President Trump said he's down to four potential replacement for Fed Chair Jay Powell, but ruled out Treasury Secretary Scott Bessent as one of them in an interview on Tuesday.

Fed, Trump and bureau of labor statistics

Moneycontrol · 2h

Fed chief Jerome Powell is highly political, he is too late on rates: Donald Trump

The only time Powell wasn’t too late was when he lowered interest rates before elections, Trump said while speaking to CNBC.

The Financial Times · 1d

Donald Trump to appoint Federal Reserve governor and labour statistics chief this week

US president set to tighten grip on economic information and policymaking after controversial sacking of BLS official

Axios Sneak Peek on MSN · 1d

Trump to announce new Fed governor, labor statistics chief this week

President Trump said Sunday he plans to name a new Federal Reserve Governor and Bureau of Labor Statistics commissioner this week. Why it matters: The resignation of former Fed governor Adriana Kugler and Trump's firing of BLS commissioner Erika McEntarfer give the president the opportunity to appoint people more aligned with his administration's policies and pile further pressure on Fed Chair Jerome Powell.

3don MSN

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

4d

Have we seen Powell's last rate cut as Fed chair?

Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...

5d

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

5don MSN

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...

1don MSN

Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS

The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...

1d

Labor department’s data upset may have sealed the deal for a Fed interest rate cut

Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...

5d

Fed press conference: Why Powell stayed silent on September cuts

Federal Reserve Chair Jerome Powell left the door closed during the Fed's press conference regarding a September interest ...

3don MSN

Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data

U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday. Chances of a September rate cut plunged below ...

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