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Investors weigh market impact of possible early Powell exit
Uncertainty over Federal Reserve Chair Jerome Powell’s tenure is prompting investors to assess potential market reactions should there be an premature change in leadership at the U.S. central bank.
Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell
Treasury Secretary Scott Bessent said that there’s “no rush” to identify a successor to Federal Reserve Chair Jerome Powell, ...
Why Bessent is now saying Powell doesn't need to resign from Fed
"Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil," said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve ...
Bessent tries to show Trump 'he can get what he wants' at the Fed without causing market turmoil
"Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil," said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve ...
Bessent says entire Fed needs to be examined as an institution
The US Treasury secretary said the country’s central bank should be reviewed, citing what he called “fearmongering over ...
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 ...
Can the Fed stay independent? Trump-era adviser may put it to the test.
Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a ...
Trump raises pressure on Powell while calling firing ‘unlikely’
President Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
Hassett grabs pole position in race to be Trump’s new Fed chair
Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...
Treasury secretary says work has begun on finding Fed Chair Powell’s successor
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...
Trump floats firing Fed chair with GOP lawmakers, then backs off
President Donald Trump denied that he is planning to fire Federal Reserve Chair Jerome H. Powell, a day after asking Republican lawmakers whether he should remove him.