Tag Archives: Chair

Facebook Tweet Email Link President Donald Trump said Treasury Secretary Scott Bessent is no longer being considered as a replacement for Jerome Powell as Federal Reserve Chair. “I love Scott, but he wants to stay where he is,” Trump said Tuesday in a CNBC interview Tuesday morning. “I’ll take him off, because I asked him just last night, ‘Is this …

Treasury Secretary Scott Bessent off list for next Fed chair, Trump says  Axios Trump says Scott Bessent no longer in the running for Fed chair  CNN Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running  CNBC Donald Trump rules out Scott Bessent for Federal Reserve chair  Financial Times Trump Says Four Candidates in Running for Fed …

In light of a disappointing jobs report released on Friday, Jim Cramer has urged the Federal Reserve to implement a cut in interest rates. What Happened: The nonfarm payroll growth for July was a mere 73,000, falling significantly short of the anticipated 100,000. Additionally, the figures for May and June were revised downwards by a total of 258,000. The unemployment rate for …

Hassett on Trump’s next Fed chair: ‘We’ll have to see if he chooses me’  The Hill A Fed governor is resigning, opening a spot for a Trump appointee  CNN US Treasury chief says he expects Fed chair announcement by year’s end  Reuters Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds  CNBC Who Needs to Replace Powell? Politicians …

Fed Governor’s Exit Could Accelerate Trump’s Selection of Next Chair to Succeed Powell  Bloomberg.com Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates  CNBC Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank  The New York Times Investors react to Kugler’s resignation, firing of BLS commissioner  Reuters Fed governor Kugler resigns, giving Trump vacancy  Axios Source …

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates. Posting on his Truth Social platform, Trump called Powell “stubborn.” The Fed chair has been subjected to vicious verbal attacks by …

On Wednesday, July 30, 2025, I dissented from the Federal Open Market Committee’s (FOMC) decision to maintain the target range for the federal funds rate at its current level. As the Committee’s post-meeting statement notes, I preferred to lower the target range for the federal funds rate by 25 basis points.1 Inflation has moved considerably closer to our target, after …

Texas Republican Redistricting Chair Admits He Hasn’t Looked at Census Data  Democracy Docket First to ABC: DNC ramps up anti-redistricting efforts in Texas with calls to ‘persuadable’ GOP voters  ABC News Democrats Plan $20 Million Fund to Target Texas Republicans for Redistricting  The New York Times Texas Republicans aim to redraw House districts at Trump’s urging, but there’s a risk  AP News Democratic candidates …

D.C. Council chair sets vote on RFK site after reaching deal with Commanders  The Washington Post RFK Stadium project to get first vote on Aug. 1  Axios Commanders, D.C. City Council near agreement on stadium development at RFK site: Sources  The New York Times D.C. council set for Aug. 1 vote on updated Commanders stadium plan  NFL.com Breakfast links: Mendelson’s murky stadium deal  Greater Greater …

Trump’s pick to run the nation’s cybersecurity agency, Sean Plankey, evaded some questions about election security in his confirmation hearing with a Senate committee on Thursday morning. When Sen. Richard Blumenthal (D-CT) asked him if the 2020 election was rigged and stolen, the nominee said he had not reviewed that election’s cybersecurity and his personal opinions weren’t relevant. He acknowledged …