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Why the Federal Reserve has historically been independent of the White House
FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board ... Read More
Scott Bessent Meets BlackRock's Rick Rieder As Trump Eyes Fed Chair Replacement For Jerome Powell: Report
U.S. Treasury Secretary Scott Bessent continues vetting candidates as Trump administration seeks Federal Reserve Chair Jerome Powell’s replacement by May 2026. BlackRock Executive Emerges as Contender ... Read More
Why the Federal Reserve has historically been independent of the White House
President Donald Trump says he is firing Federal Reserve Governor Lisa Cook late Monday, in a move viewed as a sharp escalation in his battle to exert greater control over the independent institution. Read More
Why the Federal Reserve has historically been independent of the White House
Trump has repeatedly attacked the Fed’s chair, Jerome Powell, for not cutting its short-term interest rate, and even threatened to fire him. Powell, who will speak Friday at an economic symposium in ... Read More
Why the Federal Reserve has historically been independent of the White House
President Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the few ... Read More
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