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Trump Says Scott Bessent Won’t Be Fed Chair Pick

Fox Business · 17m

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

USA TODAY on MSN · 22m

Trump considers four finalists for new Fed chair, rules out Scott Bessent

President Trump said he has four finalists in mind to replace Fed Chair Jerome Powell while ruling out Treasury Secretary Bessent as a possibility.

Trump to announce Fed appointments soon; Bessent will stay in Treasury job

U.S. President Donald Trump said on Tuesday he would "shortly" announce his pick for an open seat on the Federal Reserve's Board of Governors and possibly his nominee to lead the U.S. central bank as well,

Stocks rise on Fed rate cut hopes

MarketWatch · 3h

Remarks by Fed's Daly reinforce rate-cut expectations

San Francisco Federal Reserve Bank President Mary Daly, in an interview with Reuters published late Monday, said a softening labor market and the lack of tariff-driven inflation so far mea

The Gazette · 7h

Stocks rise on Fed rate cut hopes after disappointing jobs data

Global stocks rose for a second session on Tuesday and the U.S. dollar steadied as investors raised bets the Federal Reserve would act to prop up the world's largest economy. U.S. shares rallied on Monday on generally positive earnings reports and increasing bets for a September rate cut from the Fed after disappointing jobs data on Friday.

Seeking Alpha on MSN · 1d

Dollar slides further after weak payroll data as Fed rate cut odds surge- Currency Recap

The U.S. dollar (DXY) dropped on Monday, extending losses from Friday when the jobs data came in much cooler than expected, further denting sentiment. The greenback was last down 0.49% at $98.65. The July nonfarm payrolls report added to investor concerns that had already been exacerbated after U.

1hon MSN

Trump's attacks on Fed, data integrity weigh on US dollar forecasts: Reuters poll

The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the ...

4h

Where Are Fed Interest Rates Headed? Here's What Traders Think.

Friday's weak jobs report has rekindled bets on the Federal Reserve making a series of interest-rate cuts this year. As of ...

Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113,000 After ISM Services PMI

A stalwart in showing strong economic activity, the ISM Services PMI has notably slower over the past three months.

2hon MSN

Danish zoo calls for unwanted pets to be fed to its animals

Donated pets will be “gently euthanized” by trained staff and then used as “fodder” to take care of the well-being of ...

18hon MSN

Fed's Mary Daly: Job market is not precariously weak, but it is softening

CNBC's Steve Liesman reports on commentary about the U.S. economy from Mary Daly, president of the Federal Reserve Bank of ...

5hon MSN

Futures edge up on growing Fed rate-cut bets; earnings in focus

Wall Street futures edged higher on Tuesday, building on momentum from the previous session as expectations for the Federal ...

President Trump gets to nominate a new Fed governor. What does that mean?

Last week, Adriana Kugler, one of the seven members of the Federal Reserve Board of Governors, announced her resignation.

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