News

Who’s on Trump’s short list for Jerome Powell’s replacement at the Fed
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
Waller is favorite for Fed chair among Trump team, Bloomberg News reports
Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank's chair among ...
Pulte Criticizes Fed Chair Powell Over Soaring Housing Imbalance
PulteGroup (PHM, Financials) heir and Federal Housing Finance Agency Director Bill Pulte has renewed criticism of U.S.
Biggest immediate change for Fed under new chair likely to be tone shift
The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.
US stocks give up most gains by midday. Fed's Waller emerges as top pick for Fed chair
U.S. stocks reverse most early gains. Fed's Waller reportedly is a top pick to replace Powell as Fed chair. Investors also ...
Here's What Happens to the Economy if Trump Fires Jerome Powell and Installs a Loyalist at the Fed
President Donald Trump wants to lower interest rates to approximately zero, a change that could goose the economy in the short term but in the long term would lead to roaring inflation. Federal ...
Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...
Trump considers four finalists for new Fed chair, rules out Scott Bessent
President Trump said he has four finalists in mind to replace Fed Chair Jerome Powell while ruling out Treasury Secretary ...
Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
Analysis-Investors game out market reaction to Fed chair replacement favorites
By Saqib Iqbal Ahmed NEW YORK (Reuters) -As U.S. President Donald Trump narrows his shortlist for the next Federal Reserve ...