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.
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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.
Left-Wing Hedge Fund D.E. Shaw Fears ‘Reprisals’ Over DEI From Trump Administration: Sources
Staffers at the notoriously secretive hedge fund D.E. Shaw fear the wildly lucrative left-wing firm could face “reprisals” from Trump administration.
It Sounds Like Trump Now Has A New Minimum Tariff Rate: 15%
President Trump set a new rhetorical floor for tariffs on Wednesday night in comments that have been backed up by recent deals.
How the Dropping Dollar Could Scramble Trump's Agenda
Trump and aides are watching US dollar's (DX=F) drop over the first 6 months of this year as they track change that could have wide-ranging effects.
