Trump’s Federal Reserve chair pick to face legislators at key confirmation hearing – US politics live | US politics

Trump’s Federal Reserve chair pick to face legislators at key confirmation hearing – US politics live | US politics

Key occasions Show key occasions solely Please activate JavaScript to use this characteristic Jerome Powell’s time period as chair ends on May 15. He mentioned final month that he would stay as chair till a successor is known as. Powell can also be serving a separate time period as a member of the Fed’s governing…

Read Full News
US treasury department demands retraction of story on increased oversight of Federal Reserve | Trump administration

US treasury department demands retraction of story on increased oversight of Federal Reserve | Trump administration

The US treasury department demanded on Friday that the Financial Times (FT) retracted a report on treasury secretary Scott Bessent’s views on the Federal Reserveaccusing the newspaper of publishing “false claims” in a proper grievance escalated to the outlet’s mother or father firm, Nikkei Inc. The electronic mail from treasury officers, addressed to senior editors…

Read Full News