Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a case on Fed independence. But Mr. Bessent attended a tariff case.
Category: Federal Reserve System
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Trump’s First Year Could Have Lasting Economic Consequences
President Trump’s policies have so far done little to change the overall state of the American economy, but economists warn they will ultimately weaken the United States.
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Federal Reserve Inquiry Clouds Trump’s Supreme Court Bid to Oust Lisa Cook
The court is set to hear Ms. Cook’s case challenging her firing as the Justice Department investigates Jerome H. Powell, the central bank chair.
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I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades
The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.
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Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
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Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
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Powell, an Unlikely Foil, Takes On Trump
Jerome H. Powell, the chair of the Federal Reserve, this week tapped a groundswell of support that has been years in the making.
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As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
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In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike.
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Blowback Builds Over Criminal Investigation of Powell
Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year.