Bessent Warns Against Removing Powell as Fed Chair
Treasury Secretary Scott Bessent has cautioned White House officials that removing Jerome Powell as chair of the Federal Reserve would risk destabilizing financial markets, Politico reports.
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Trump Eying Fed Governor Warsh for Chairman
President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then selecting Warsh as Powell's replacement, The Wall Street Journal reported.
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Why the Treasury Market is Behaving Badly
The US 10-year Benchmark rate jumped by 50 basis points in just the five days from April 7th to the 11th. That is a very unusual and humongous move in such a short period of time. The question is, why would that volatility occur in the context of a slowing economy, which...
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Trump Holds Talks With Italy's Meloni, Says 'No Rush' to End Tariffs
President Donald Trump said Thursday that he is in "no rush" to reach any trade deals because of the revenues his tariffs are generating but suggested while meeting with Italian Prime Minister Giorgia Meloni that it would be easy to find an agreement with the European Union and others.
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Endangerment Finding Endangers Energy & Freedom
One of the Trump administration's most important executive actions is the Environmental Protection Agency's review of the Obama EPA's determination that carbon dioxide (CO2) endangers our health.
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IMF Chief: World Economy Will Avoid Recession Despite Tariffs
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
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