News

Trump ramps up pressure on Powell to cut interest rates
President Donald Trump on Thursday dialed up pressure anew on Federal Reserve Chairman Jerome Powell to cut interest rates, with the central bank's next policy meeting looming next week. Trump has ...
Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports
U.S. Treasury Secretary Scott Bessent has emerged as a possible candidate to succeed Federal Reserve Chair Jerome Powell, ...
JD Vance says the Fed is committing 'monetary malpractice,' joining Trump in bashing the central bank
The Vice President said the Fed refusing to cut interest rates was "monetary malpractice," echoing sentiment voiced by Trump ...
If not for tariffs, Fed would be cutting by now: Macquarie
Federal Reserve Chair Jerome Powell is facing a new barrage of criticism, with Vice President J.D. Vance joining in with President Donald Trump this week to blast the central bank chief for not ...
Bessent, asked about Fed chair job, says 'I would like to stay' Treasury secretary until 2029
Treasury Secretary Scott Bessent told lawmakers he would like to remain in his seat until 2029, but he also did not dismiss ...
June Fed Meeting: Live Updates and Commentary
Fed meeting is a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. have to say about interest rates ...
Grant Cardone Says Jerome Powell Has Done 'More Damage' To American Middle Class Than 'Any Other Single Fed,' Blames Fed For 'Housing Crisis'
Grant Cardone, the CEO of Cardone Capital, accused Federal Reserve Chairman Jerome Powell of causing the country’s “housing ...
Billionaire fund manager sends strong message on Fed Chair Powell's future
Many, including President Trump, think this is a big mistake, arguing that hesitation on lowering the Fed Funds Rate, a ...