News

Who Does Trump Want to Be the Next Fed Chair?
The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.
Banking Dive1d
Dive Deposits: The Fed may have out-Fridayed itself
Fed Gov. Adriana Kugler’s resignation may have overshadowed two dissents on the interest rate. But a single opening at the ...
Trump Implies Departing Kugler Agreed With Him on Fed Policy. Her Speeches Suggest Otherwise.
President Donald Trump suggested late Sunday that Federal Reserve Gov. Adriana Kugler, who announced her surprise resignation ...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
Dollar drifts as investors await Trump's Fed governor decisions
The dollar remained stuck in its recent trading range on Wednesday, with investors choosing to stay on the sidelines after ...
Trump Just Got a Fresh Shot at Bending the Fed to His Will
The early departure of Biden appointee Adriana Kugler offers the president potential help on interest rates—and a new way to ...