News

Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.
Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...
Overall, grocery prices rose 0.3% last month and are up 2.4% from a year earlier. While that is a much smaller annual ...
Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...
Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...
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." ...
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.