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Jerome Powell, Scott Bessent and Fed

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor."

Forbes on MSN · 4h

Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.

CCN on MSN · 2h

Scott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?

Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him to resign. Bessent is

Fed, White House and Jerome Powell

Bloomberg L.P. · 1d

Fed’s Powell Faces New Line of White House Scrutiny

President Donald Trump and his allies are focusing on Jerome Powell’s handling of an expensive renovation of the Federal Reserve’s headquarters as a new way to scrutinize Powell’s leadership at the central bank,

USA TODAY on MSN · 18h

Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?

Yahoo Finance on MSN · 2h

Jerome Powell has more housing problems now, including the Fed's

The US central bank is grappling with housing issues on three fronts: inflation, rate policy, and its own headquarters.

Fed, Jerome Powell and Trump

Mint on MSN · 45m

‘Committed to working with you’: Jerome Powell asks inspector general to review Fed headquarters renovation project

As per the letter, some features including VIP elevators or dining rooms — which had drawn uproar from the government — had never been in the project's scope. Other features, such as the new water, were on the other hand,

POLITICO on MSN · 1d

Powell asks watchdog to probe Fed HQ renovations as Trump pressure grows

The move comes amid speculation that Trump, who has clashed with Powell over interest rates, might try to use the project to remove the Fed chief “for cause."

NBC News on MSN · 1d

Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell,

1hon MSN

Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr

Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.

16hon MSN

Jerome Powell's 'building fiasco' will be the 'end of his career,' says Bill Pulte

Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome ...

3don MSN

Jerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ: report

A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows ...

5hon MSN

Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to ...

The tariff-driven inflation that economists feared begins to emerge

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...

AOL3h

JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts

JPMorgan Chase (JPM) CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is "absolutely critical” for ...

10h

Powell seeks review of updates

Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's building ...

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Jerome Powell, Scott Bessent and Fed

Fed, White House and Jerome Powell

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