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Leading Contenders To Replace Jerome Powell as Fed Chair
Star Sports political betting analyst William Kedjanyi told Newsweek: "Donald Trump has been harassing Jerome Powell, chair of the Federal Reserve, for months and months over interest rates. Trump ...
GOP Finance chair: ‘I don’t believe’ Trump can fire Powell
Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal ...
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LONDON MARKET MIDDAY: European stocks set to end losing streak
Going into Thursday, the DAX had suffered five declines in a row. The CAC has fallen in each of the last four trading days. The FTSE 100 is on a two-day losing streak, though it did achieve a new ...
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US dollar recovers as Powell dismissal fears recede and yields climb
The US dollar recovers as Powell dismissal fears recede and market yields climb after Trump's clarifying statements.
Speaker Johnson ‘not sure’ Trump has power to fire Fed chair
Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.
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." ...