The president insists conflict with Iran will be brief, but world leaders are preparing for severe economic blowback.
Category: Treasury Department
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For America’s 250th, Should the Coin of Trump’s Realm Be Gold?
The New York Times – Business:A federally appointed committee is pushing back on plans to mint gold currency depicting President Trump.
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Will Kevin Warsh Do What Trump Wants?
Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.
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Five Questions for Jerome Powell, the Fed Chair
Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman.
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Tremors in Japan Prompt Treasury to Weigh Currency Intervention
New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency.
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‘Adaptive Normalcy’ as the Trump Show Arrives at Davos
The president’s address at the World Economic Forum in Switzerland has trading partners and business executives on edge.
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Bessent Attended a Supreme Court Argument. Now He’s Telling Powell Not To.
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.
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Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes Affordability
Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
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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.
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Push to Audit Private Equity and Venture Capital Falters Under Trump
Specialists have left the I.R.S. and audits have been abandoned since the president returned to office.