Trump Will Announce Fed Appointments Soon; Bessent Wants to Stay at Treasury
Trump on said he would "shortly" announce his pick for open seat on the Fed Board of Governors and possibly his nominee for Fed chair as well.
Recent
'Concerning News': Wall Street Worries Trump's BLS Firing Could Shake Market Confidence
President Trump's firing of Bureau of Labor Statistics commissioner Erika McEntarfer has Wall Street worried about the future path of economic data.
Fed Interest Rate Cuts Could Push Stocks Into Bubble Territory
Strategists are warning interest rate cuts could push equity valuations into bubble territory over the next year.
US Treasury Chief Says He Expects Fed Chair Announcement by Year's End
U.S. Treasury Secretary Scott Bessent said on Thursday he is pulling together a list of potential candidates to lead the U.S. Federal Reserve.
Powell Stresses 'No Decisions' Made on September Cut as Fed Holds Rates Steady, Defying Trump Again
The Fed held interest rates steady for the fifth meeting in a row as two Fed governors dissented underscoring division within the central bank.
Why Markets Don't Seem to Care About the Fuzzy Details of Trump's Trade Deals
Trump's recent trade framework announcements have included sketchy initial details that can take days to fill in and sometimes are even contradicted.
For Bond Dealers, It’s All About Bills at Bessent’s Treasury
Since Scott Bessent took Treasury’s helm, bond dealers have done 180 on key question about his issuance strategy in $29Tn market for US Treasuries.
