Trump calls upcoming rate cut a key test for next Fed chair
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As President Trump approaches a decision on the next Federal Reserve chair, Bitcoin investors are on alert. Insights into how Trump's preferences for low interest rates and cryptocurrencies could influence the BTC USD price ahead of Christmas.
Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to a shortlist for President Donald Trump's review. The decision is expected by Christmas.
Jerome Powell, President Donald Trump's pick to be chairman of the Federal Reserve, told senators at his confirmation hearing Tuesday that he believes some bank regulations can be rolled back — something the administration and Wall Street favor.
Advisers and allies of President Donald Trump see Kevin Hassett, the White House National Economic Council director, as the frontrunner to succeed Jerome Powell as Federal Reserve chair, according to a media report on Tuesday.
WASHINGTON (AP) - Federal Reserve Chair Janet Yellen said Wednesday that the Fed is committed to making sure that the regulations it imposes on the nation's community banks are not overly burdensome, noting a proposed rule issued last week to simplify ...
President Trump wants lower interest rates and a new Fed chair. Wednesday’s divisions suggest one won’t guarantee the other.