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The possibility that President Donald Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from Washington to Wall Street and beyond.
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Department Secretary Scott Bessent is spinning heads from Washington to Wall Street and ...
The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...
President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing ...
James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...
Opinion
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OPINION: America, this isn’t how you lower interest rates
America’s leaders have latched onto the idea that they can address some big problems — most notably a gaping budget deficit — by forcing interest rates downward. If only it were that easy. President ...
Instead of ranting about the US Federal Reserve’s monetary policy or making unrealistic debt issuance plans, the ...