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Trump, Powell and Fed

CNN on MSN · 10h

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh

President Donald Trump on Thursday again made clear his disdain for Federal Reserve Chair Jerome Powell, going so far as to say the central banker’s “termination can’t come fast enough” and saying in an Oval Office event that Powell will “be out of there real fast” if he wants.

The Boston Globe · 1d

Trump says Federal Reserve Chair Powell’s ‘termination cannot come fast enough’

Trump's broadside comes a day after Powell said in a speech that Trump’s broad-based tariffs have left the Federal Reserve seeking “greater clarity” on the impact of policy changes.

Daily Wrap on MSN · 10h

Trump's vow to end Powell's term could shock markets

American Treasury Secretary Scott Bessent warns the White House that attempting to dismiss the head of the Federal Reserve, the central bank, Jerome Powell, could involve the risk of destabilizing financial markets,

Elon Musk, Treasury and IRS

The New York Times · 2h

Head of I.R.S. Is Ousted in Treasury’s Power Struggle With Elon Musk

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his knowledge.

Reuters on MSN · 4h

IRS acting head ousted after US Treasury chief wins power struggle with Musk, NYT reports

The acting commissioner of the U.S. Internal Revenue Service is being replaced after Treasury Secretary Scott Bessent complained to President Donald Trump that the latest leader of the agency had been installed without his knowledge and at the behest of billionaire Elon Musk,

POLITICO on MSN · 2h

Latest IRS acting chief ousted amid Musk vs. Bessent turf feud

President Donald Trump is replacing the fourth IRS chief this year amid complaints by Treasury Secretary Scott Bessent that he was not consulted on the appointment after Elon Musk recommended the person,

4hon MSN

Meet Kevin Warsh, the financier rumored to be Trump's next pick for the Fed

President Trump is reportedly considering former Fed governor Kevin Warsh to replace Jerome Powell as the Federal Reserve ...

Latin Times on MSN1h

Musk-Appointed IRS Leader Doesn't Last a Week After Treasury Secretary Claims He Was Instated Without His Approval: Report

The IRS went through another leadership shuffle on Friday with Trump replacing Musk-appointed acting commissioner Gary ...

3don MSN

White House will start interviewing candidates to succeed Fed Chair Jerome Powell this fall

Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...

1don MSN

US Treasury in talks with federal agencies to ease bank oversight, Bloomberg News says

U.S. Treasury Secretary Scott Bessent is hosting private meetings with federal and other bank agencies as a part of his ...

Raw Story on MSN1d

Trump treasury secretary 'repeatedly cautioned' him against move that would tank market

United States Treasury Secretary Scott Bessent has reportedly been trying to calm President Donald Trump's rage at Federal ...

3don MSN

Treasury Secretary Scott Bessent to Yahoo Finance: China hasn't weaponized Treasurys despite bond market volatility

The US bond market is sending worrying signals on the health of the economy. US Treasury Secretary Scott Bessent shares his ...

1don MSN

Summers: ‘Any self-respecting Treasury secretary would resign’ over Trump Harvard IRS directive

Former Treasury Secretary Larry Summers said on Thursday that Treasury Secretary Scott Bessent should resign before he ...

1d

Trump Lashes Out at Fed Chair for Not Cutting Rates

Jerome Powell has said that the Federal Reserve can be patient as the effects of tariffs become more clear. President Trump, ...

3d

Treasury Explores Whether to Ease Capital Rule on US Bonds

Deputy Treasury Secretary Michael Faulkender said that US officials are discussing a potential rule change for banks that ...

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