Tag: Federal Reserve
Trump says he still might fire Powell as Fed chair pick looms | Fortune
President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry...
Kevin Hassett says he’d be happy to talk to Trump everyday as Fed chair, but the president’s opinion would have ‘no weight’ on the FOMC | Fortune
National Economic Council Director Kevin Hassett, one of the top contenders to replace Jerome Powell as Federal Reserve chair, downplayed any role that President...
Trump names Warsh, Hassett as top Fed contenders, WSJ says | Fortune
President Donald Trump said that Kevin Hassett and Kevin Warsh are his top choices to lead the US Federal Reserve and that he expects...
Jerome Powell faces a credibility issue as he tries to satisfy hawks and doves on the most divided Fed in recent memory | Fortune
With the Federal Reserve split between increasingly hawkish and increasingly dovish policymakers, Chairman Jerome Powell is due to perform some serious log-rolling when the...
The S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes this special election | Fortune
Meanwhile, the coming week could see President Donald Trump nominate a successor to Federal Reserve Chairman Jerome Powell, and a special election in Tennessee...
Longtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports | Fortune
Treasury Secretary Scott Bessent said Tuesday that there’s a “very good chance” that President Donald Trump will name a new Fed chair by Christmas—and...
Ex-Fed Governor Kugler quit after more trading violations | Fortune
Former Federal Reserve Governor Adriana Kugler abruptly resigned after Chair Jerome Powell refused to grant her a waiver to address financial holdings that ran...
Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed | Fortune
The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no economic data available.
The government...
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans | Fortune
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him.
Inflation has come down a lot from 9% in...
Jerome Powell says Gen Z without tech skills are getting crushed in the ’low-hire, low-fire’ job market—and colleges are failing them | Fortune
Federal Reserve Chair Jerome Powell issued a warning to young workers on Tuesday: if you don’t have technology skills, you’ll be left behind in...
