Treasury Secretary Bessent Says Short List For Next Fed Chair Is Down To 5
Treasury Secretary Scott Bessent affirmed Monday that the list of candidates to become the next Federal Reserve chair has been whittled down to five.
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Trump Pardons Binance Founder Changpeng Zhao, Who Pledges To 'Make America The Capital Of Crypto'
President Trump signed a pardon for crypto billionaire Changpeng Zhao on Thursday, paving the way for crypto's biggest player to return to the US.
Dallas Fed Chief's Rate Target Reform Welcomed Amid Very Uncertain Timetable
A Federal Reserve official’s proposal to overhaul the central bank’s interest rate target system is getting a warm reception but still faces long odds
Republicans Divided Over Next Steps To End US Shutdown
Some Republicans are pushing for a long-term stopgap spending bill as part of their strategy to end the ongoing US government shutdown.
US Hits $38 trillion In Debt, After The Fastest Accumulation Of $1 Trillion Outside Of The Pandemic
In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday.
US Fed To Trim Rates Twice More This Year; 2026 Rate Path Very Unclear
The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll of economists.
This Is The Worst The Jobs Market Has Looked (Outside Of A Recession) In 50 Years, Says Goldman Sachs
This is the worst the jobs market has looked in 50 years, says Goldman Sachs, meaning bullish GDP estimates are too optimistic.
