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Jerome Powell, Scott Bessent and Formal Process

Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.

Reuters on MSN · 2h

US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell.

Bloomberg L.P. · 2h

Bessent: ‘Formal Process’ for Powell Successor Already Starting

US Treasury Secretary Scott Bessent said a “formal process” to identify a potential successor to Federal Reserve Chairman Jerome Powell is already starting. Bessent added, “I think it’d be very confusing for the market for a former Fed chair to stay on” after his term ends.

Powell asks for IG review

Fox Business on MSN · 14h

Powell asks for IG review after Trump administration flags Fed's costly building renovation

Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.

CNN on MSN · 19h

Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan

Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,

Reuters on MSN · 18h

Fed's Powell asks for inspector general review of project criticized by Trump officials

Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.

Powell, Fed and Trump

Insider · 22h

Why Trump removing Powell is the market's most underestimated risk

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."

CNBC on MSN · 1h

Is the market under-pricing the risk of Powell being ousted as Fed chair?

Michael Brown of Pepperstone discusses how the markets could potentially react if President Trump attempted to remove Fed chairman Jerome Powell before his term ends next May.

Axios · 2h

How the Fed sets rates — and why Powell can't do what Trump wants alone

The Trump administration has seized on the Fed's $2.5 billion project to renovate its D.C. headquarters as a possible reason to oust Powell before his term as Fe

15hon MSN

Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?

21hon MSN

Contenders to succeed Powell slam Fed chair as White House pressure intensifies

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...

13hon MSN

Trump firing Fed Chair Powell could trigger 'Nixon shock,' warns analyst

Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon ...

12hon MSN

Jerome Powell's 'building fiasco' will be the 'end of his career,' says Bill Pulte

Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome ...

1hon MSNOpinion

Trump is going after Jay Powell. It’ll probably just make things worse

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the ...

Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to ...

22h

Trump Adviser Says This Is How The President Could 'Certainly' Fire Powell

“The President is extremely troubled by your management of the Federal Reserve System,” Vought said. “Instead of attempting ...

15hon MSN

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

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Jerome Powell, Scott Bessent and Formal Process

Powell asks for IG review

Powell, Fed and Trump

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