Fed Contender Hassett Says Market Is Ready for Trump Chair Pick
White House National Economic Council Director Hassett touted a positive market response to indications that Trump could pick next Fed Reserve chair.
White House National Economic Council Director Hassett touted a positive market response to indications that Trump could pick next Fed Reserve chair.
The SEC's possible plan to grant crypto companies relief from regulation to sell "tokenised" stocks risks harming investors.
Investors in U.S. equities have renewed hopes that the U.S. Federal Reserve will cut interest rates in December.
U.S. Fed Reserve Governor Waller said he met with Treasury Secretary Scott Bessent recently to further discuss his possible nomination as Fed Chair.
Pre-disclosure of stock trades could provide a way to limit congressional day trading but still allow lawmakers to play the market.
President Trump further expanded tariff breaks on Brazilian goods, part of moves to lower costs on some everyday goods as consumers struggle.
Fed officials are divided over whether to cut interest rates again in December, according to minutes from the central bank’s last policy meeting.