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An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.
White House and administration officials have accused Powell of mismanaging a $2.5 billion renovation project at the Fed, ...
The USD/CAD pair extends the decline to 1.3680 during the early Asian session on Tuesday. The renewed concerns over the US Federal Reserve (Fed) independence weigh on the US Dollar (USD) against the ...
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
Republican Representative Anna Paulina Luna has asked the Department of Justice to consider investigating and prosecuting ...
Treasury Secretary Scott Bessent is calling for a full review of the Federal Reserve. This comes after President Trump's criticisms of Fed Chair Jerome Powell. Semafor White House Correspondent Shelby ...
Republican Rep. Anna Paulina Luna of Florida sent a letter to Attorney General Pam Bondi calling for an investigation into Federal Reserve Chairman Jerome Powell for "potential perjury and making ...
"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief ...
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
He has faced criticism from the White House and their Republican allies in Congress for his lack of interest in cutting rates ...
A federal judge will hear arguments today in Harvard's lawsuit over the Trump administration's cuts to the university's ...
Maria Farmer warned law enforcement that they should look into Donald Trump as part of their investigation on Jeffrey Epstein ...