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Fed, Trump

Why Trump’s next Fed chair may not deliver the interest-rate cuts investors expect

Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep cuts Wall Street is counting on.

Bloomberg on MSN · 1d

Fed Will Keep Trump Waiting Amid a Wave of Global Rate Cuts

Donald Trump is struggling to get the Federal Reserve to cut interest rates, but policymakers around the world won’t need so much convincing.

The Wall Street Journal on MSN · 1d

How Bessent Made the Case to Trump Against Firing Fed Chair Powell

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.

Bessent, Federal Reserve

Reuters on MSN · 5h

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

POLITICO on MSN · 6h

Bessent calls on Fed to do comprehensive review of its mission

The Trump administration has been turning up the heat on Fed Chair Jerome Powell, who has held interest rates steady this year.

MSNBC · 1h

Bessent calls for review of 'the entire' Federal Reserve

The Trump administration pressure campaign on the Federal Reserve is heating up, with Treasury Secretary Bessent calling for a review of the entire central bank. Ernie Tedeschi and Justin Wolfers discuss on The Eleventh Hour.

10h

Here's when no tax on overtime, tips start in Washington state. Are you eligible?

President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.

11h

Fed Takes Fresh Steps to Defend Renovations as White House Intensifies Attacks

The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be ...

7hon MSN

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...

Construction Dive14h

Trump officials using building renovation costs to go after Fed chair, WSJ says

High-profile criticism of some $700 million in cost overruns is said to be an effort to pressure Jerome Powell to quit.

CNBC Daily Open: Investors dismiss Trump administration's beef with the Fed — S&P 500 hits new high

The S&P 500’s record close comes despite the Trump administration’s beef with threats on the Fed and its use of tariffs as a ...

5hon MSN

Bessent eyes government review of Federal Reserve as Trump weighs firing Powell

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

1dOpinion

Ben Bernanke and Janet Yellen: The Fed Must Be Independent

Mr. Bernanke and Ms. Yellen are both economists and former chairs of the Federal Reserve. As former chairs of the Federal ...

2don MSN

Can the Fed stay independent? Trump-era adviser may put it to the test.

Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.

3don MSN

Waller says he's willing to lead Fed if Trump asks, but no contact so far

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job ...

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