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If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
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Weekly unemployment claims hit post-COVID high as markets rallyMacroMavens President Stephanie Pomboy joins ‘Mornings with Maria’ to discuss the latest unemployment numbers and Treasury ...
Today’s jobs report handed Federal Reserve Chair Jerome Powell exactly what he’s been asking for: time. With June payrolls rising by 147,000, unemployment edging down to 4.1%, and wage growth ...
President Trump said on Wednesday that Jerome H. Powell, the chair of the Federal Reserve, should “resign immediately,” escalating an earlier call less than a week ago encouraging him to do so.
That brings us to the next point. Powell’s term as Fed chair expires in May 2026, so the president will only have to contend ...
The S&P 500 ( ^GSPC -0.11%) tumbled as much as 19% below its previous high in early April, nearly entering a full-fledged ...
President Donald Trump has renewed his effort to get Federal Reserve Chairman Jerome Powell to take action on the nation’s ...
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Bessent ...
Treasury Secretary Scott Bessent said Monday he’d be open to replacing Federal Reserve Chair Jerome Powell as President Trump ...
Negotiations aren’t expected to wrap up until September. Plus, the president dismisses inflation data as he looks for a new ...
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with ...
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