News

Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent
President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as ...
Trump rules out Bessent for Fed chair
U.S. President Donald Trump said on Tuesday he had removed Treasury Secretary Scott Bessent from consideration for an open ...
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 ...
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 ...
See How Often Fed Governors Have Broken Ranks
Two top Fed officials voted against the central bank’s decision to leave rates unchanged, the first dual dissent in more than ...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Investors React to Kugler's Resignation, Firing of BLS Commissioner
Separately, U.S President Donald Trump ordered that the commissioner of the U.S. Bureau of Labor Statistics, Erika L.
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...