News

Trump admin live updates: Bessent says there's no reason for Fed chair to resign
While there are mixed signals about whether Trump plans to fire Fed Chair Jerome Powell, Treasury Secretary Scott Bessent has ...
Top Trump official slated to inspect Fed's $2.5B renovation amid cost scrutiny
White House deputy chief of staff James Blair will visit the renovation site at the Federal Reserve's headquarters amid ...
Trading Day: Tech cools, Trump's Fed ire burns
The rally in U.S. tech stocks lost steam on Tuesday while bond yields and the dollar fell, as investors trimmed positions ...
Trump Says Firing Fed Chair Is 'Highly Unlikely,' But Here's How The Move Would Shake Global Economy
Economist Clifford Winston joined "Forbes Newsroom" to discuss President Donald Trump's recent criticisms of Federal Reserve ...
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 ...
A weak housing market could deliver rate cuts and rescue the Fed from Trump
Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs - Comerica Bank chief ...
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...
The Markets Advance Despite Trump’s Attacks on the Fed and Trade Partners
Investors continue to shrug off the president’s threats, sending stocks to new highs. That calm could be tested going into a ...
Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator
A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal ...