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Trump Rules Out Scott Bessent as Fed Chair

Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent

President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as he considers a successor to Jerome Powell — a choice that could reset the path of the U.

Reuters on MSN · 4h

Trump rules out Bessent for Fed chair

U.S. President Donald Trump said on Tuesday he had removed Treasury Secretary Scott Bessent from consideration for an open seat on the Federal Reserve's Board of Governors, but said he would "very shortly" announce his choice.

Forbes on MSN · 8h

Trump Says 4 Candidates Running For Fed Chair—As Treasury Secretary Bessent ‘Does Not Want’ Role

The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent dropped out of consideration, President Donald Trump said Tuesday amid his growing feud with Powell over the agency’s decision to hold interest rates.

Fed, Stock market and CUT INTEREST RATES

Fox Business on MSN · 5h

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.

The Wall Street Journal on MSN · 12h

Global Markets Rise on Fed Rate-Cut Hopes

U.S. stock futures rose, the dollar was steady and two- and 10-year Treasury yields edged higher as Trump moves to make some key hires at the Fed and Bureau of Labor Statistics.

Barron's · 7h

Markets Open Higher Amid Fed Rate-Cut Expectations

Stocks were mostly rising to start the day on Tuesday as surging rate-cut odds soothed concerns brought on by last week’s jobs report. The S&P 500 was up 0.1%. The Nasdaq Composite was up 0.2%. The Dow Jones Industrial Average was up 51 points,

2hon MSN

Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the "Kevins"

In a wide-ranging interview on CNBC's "Squawk Box," Trump spoke highly of Hassett and Warsh as potential candidates to ...

US dollar gains as market awaits Fed board appointee, inflation data

The U.S. dollar rose on Tuesday, but remained within sight of Friday's lows, with the market still consolidating after a weak ...

Trump excluye al secretario del Tesoro de la lista de candidatos para presidir la Fed

El presidente Donald Trump dijo el martes que redujo a cuatro su lista de posibles candidatos para presidir la Reserva ...

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 ...

47mon MSN

'Worst Fed chair in history’: WH trade adviser Peter Navarro calls on Jerome Powell to resign

Senior counselor to the president Peter Navarro joins Meet the Press NOW to explain President Trump’s decision to fire the ...

4hon MSN

Why Trump’s Fed Nominee Likely Won’t Make the September Meeting

President Donald Trump told CNBC on Tuesday that the resignation of Fed governor Adriana Kugler “was a pleasant surprise.” ...

5hon 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 ...