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"Personnel is policy," goes the old Washington maxim. Legendary investor Stanley Druckenmiller, who made a billion dollars for the Quantum Fund by breaking the Bank of England in 1992, has discovered ...
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...
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CCN on MSNScott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...
Treasury Secretary Scott Bessent said on Tuesday it would be less confusing for the markets if Federal Reserve Chair Jerome Powell stepped down as a Fed governor at the same time that his term as ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...
Kevin Warsh, a top contender to replace Jerome Powell as chair of the Federal Reserve, is finally ready to cut interest rates ...
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.7 ...
Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...
Investor sentiment surged in July to its most bullish since February, driven by the biggest jump in profit optimism in five years and a record surge in risk appetite, Bank of America's latest global ...
National Economic Council Director Kevin Hassett stated on Sunday that the Trump administration is “looking into” whether the ...
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