News

Trump says Treasury Secretary Bessent 'does not want' to be Fed chair, but 4 others in running
The news follows Fed Governor Adriana Kugler’s surprise announcement Friday that she is resigning effective this Friday.
Trump says he'll name people to 2 jobs closely watched by Wall Street
The president fired the Bureau of Labor Statistics commissioner on Friday after poor job numbers. A Federal Reserve governor ...
Trump Implies Departing Kugler Agreed With Him on Fed Policy. Her Speeches Suggest Otherwise.
President Donald Trump suggested late Sunday that Federal Reserve Gov. Adriana Kugler, who announced her surprise resignation ...
Labor department’s data upset may have sealed the deal for a Fed interest rate cut
Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...
When Reality And Politics Bite At The Same Time
Fed Board dynamics are critical, as Trump's appointees could soon control key monetary levers. Click here for more ...
Banking Dive1d
Dive Deposits: The Fed may have out-Fridayed itself
Fed Gov. Adriana Kugler’s resignation may have overshadowed two dissents on the interest rate. But a single opening at the ...
Investors react to Kugler's resignation, firing of BLS commissioner
Aug 1 (Reuters) - The Federal Reserve said on Friday that Governor Adriana Kugler was resigning from the central bank ...
Kugler’s sudden exit from Fed accelerates Powell succession planning: UBS
The unexpected resignation of Federal Reserve Governor Adriana Kugler on Friday has fast-tracked the search for a successor ...