Scott Bessent: Federal Reserve 'of course' should be independent of the President
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
Fed should stay independent, Trump's pick for US Treasury Secty says
The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday.
DeSantis' chosen Rubio replacement Moody wants to tackle inflation, spending, border: 'Audit the Fed!'
Florida Attorney General Ashley Moody, who is slated to join the U.S. Senate, called for auditing the Federal Reserve, pledged to oppose government spending, and indicated she will advocate for border security.
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's status as the world's reserve currency as he prepared to face questions from U.
The Associated Press - Business News on MSN12d
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
(AP Photo/Manuel Balce Ceneta, File) WASHINGTON (AP) — The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate.
How Trump can deliver on big promises made to the crypto industry
Trump made a lot of promises to crypto enthusiasts in 2024 as he pledged to make the United States the 'crypto capital of the planet.' Can he deliver on all of them in 2025?
AOL3d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...
Newsweek12d
Top Federal Reserve Bank Regulator to Step Down to Avoid Clash With Trump
The Federal Reserve's top banking regulator, Michael Barr, announced his resignation on Monday, sidestepping what could have been a contentious standoff with the Republican-led Senate and the ...
Playbook PM: Trump’s Cabinet picks face the Senate
— Sen. MAGGIE HASSAN (D-N.H.) asked Bessent whether he believes inflation and prices will go down under Trump. In response, Bessent noted he believes the administration “will increase real wages and lower inflation closer to the Federal Reserve 2% target, as it did during President Trump’s first administration.”
Takeaways from Day 3 of President-elect Donald Trump’s Cabinet nominee hearings
Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on Trump’s domestic and economic agenda that will dominate the debates on Capitol Hill this year.
How Trump can avoid repeating Biden's biggest economic and foreign policy blunders
On immigration, Biden and Trump run to opposite extremes. Biden reversed virtually all of Trump's tough border policies and the resulting rush of illegal immigrants is a matter of public record. But Trump's promised mass deportations would wreck the U.S. economy.
Senate hearings heat up: Trump's picks Bessent, Burgum, Zeldin testify; Bondi awaits another round
The Senate intensifies confirmation hearings for Trump’s Cabinet picks, with Scott Bessent, Doug Burgum, and Lee Zeldin defending their qualifications. Meanwhile, Pam Bondi faces further scrutiny in a second round of questioning.