The boss of JP Morgan Chase, Jamie Dimon, has defended the “absolutely critical” independence of the Federal Reserve chair, as Donald Trump continues to demand immediate cuts in interest rates. The US treasury secretary, Scott Bessent, said on Tuesday that a formal process for choosing a successor to the Fed chair, Jerome Powell, had already begun – despite the fact …
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Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 14, 2025 Agencies issue joint statement on risk-management considerations for crypto-asset safekeeping Federal Deposit Insurance Corporation Federal Reserve Board Office of the Comptroller of the Currency For release at 1:30 …
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Trump continues attacks on Federal Reserve chair Donald Trump has continued his attacks on Federal Reserve chair Jerome Powell today, calling him a “stupid guy” and a “knucklehead”. He told reporters at the White House earlier: We have a bad Fed chairman, really bad … I tried being nice to the guy. It doesn’t help. He’s like a knucklehead. No, …
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U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | Reuters As the Trump administration escalates its criticisms of the Federal Reserve and Chairman Jerome Powell, the central bank is quietly pushing back with a …
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Energy Secretary Chris Wright at the U.S. Capitol in Washington, D.C. (pictured in May), said, “Investing in American energy enables energy independence and truly unleashes America’s ability to serve as the world leader in global energy.” File File Photo by Bonnie Cash/UPI | License Photo July 11 (UPI) — The U.S. Department of Energy announced Friday it has approved an …
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