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Biden appointee Adriana Kugler hasn’t said why she is leaving. Her departure comes at a precarious time for the central bank.
Bowman and a fellow dissenter lost out after nine other Fed officials voted to keep interest rates steady, as the Fed has been doing all year. The Fed's chair, Jerome Powell, has been adamant that he ...
Trump, desperate to have a voice in Fed interest-rate decisions, got an opportunity to put his own stamp on the board earlier than expected when Adriana Kugler announced in August that she would step ...
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next ...
Apple announced $100 billion in new U.S. manufacturing investments, sending its shares up over 10% for the week. After recent declines, triggered by a weaker-than-expected jobs report and a June ...
Regardless of what's thrown Wall Street's way, the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite always find a ...
As President Trump pressures for lower interest rates, the search for a new Federal Reserve Chair, led by Scott Bessent, has ...
What happens when Fed Chair Jerome Powell leaves and President Donald Trump appoints some MAGA loyalist? From then on, a few ...
Remember musical chairs? Everyone circles nervously as the music plays, but when it stops, someone is inevitably left without ...
Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been ...
U.S. Treasury Secretary Scott Bessent is spearheading the search for Jerome Powell's successor as Federal Reserve Chair. The ...
St. Louis Fed President James Bullard and Marc Sumerlin, a former economic adviser to President George W. Bush are two of the possible nominees added to a list of about 10 people under ...
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