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Alan Rappeport
Posts
A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
As Trump Heads to Iowa to Trumpet Economy, Many Residents Feel Pain
Farmers are critical to Iowa’s economy. They have been battered by President Trump’s tariffs and are not yet experiencing the “golden age” that the president…
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…
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.
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.
Trump Deepens Scrutiny of Minnesota, a Potential Model for Other Blue States
The White House is intensifying and broadening its probes into fraud in states led by prominent Democrats.
How Kevin Hassett Became a Trump Loyalist and Fed Chair Contender
Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
Bessent Accelerates Regulation Overhaul to Jumpstart Growth
The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
Trump Plans $12 Billion Bailout to Aid Farmers Hit by Tariffs
The federal aid comes after China boycotted American farm products in retaliation for U.S. tariffs.
Bessent Says He Divested From Soybean Farms After Ethics Office Warning
The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.