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President Donald Trump has tapped one of his top economic aides to serve as a Federal Reserve governor, in a move that could put ongoing pressure on the chair of the central bank, Jerome Powell.
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...
The appointment is Trump’s first opportunity to exert more control over the Fed, one of the few remaining independent federal ...
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BoE’s governor publicly backed Powell, criticizing Trump’s ongoing attacksBank of England Governor Andrew Bailey said he was “saddened” by how U.S. President Donald Trump has kept going after Federal ...
Trump has repeatedly criticized Fed Chair Jerome Powell for not cutting interest rates, and while he has backed off threats ...
Bank of England Governor Andrew Bailey offered praise for Federal Reserve Chair Jerome Powell at a time when his peer is ...
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