President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it. Politics
Chair Jerome Powell signaled at a news conference that the Fed would likely hold off on further rate cuts in the coming months while it evaluated the health of the economy. The post Federal Reserve cuts key rate, sees healthier economy next year appeared first on Boston.com. Politics
The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank. Politics
Alina Habba, President Donald Trump's pick to serve as U.S. attorney for New Jersey, has resigned from her role following a federal court's ruling to uphold a lower court's decision that she was not "lawfully" appointed to the office. The post Alina Habba Resigns as U.S. Attorney for New Jersey After Courts Rule Against Her Appointment appeared first on Breitbart. Events
The US in brief: Donald Trump says he has picked next Fed chair The Economist Politics
Trump eyes Christmas deadline to name new Fed chair: Bessent South China Morning Post Politics
Trump says he’d ‘love to fire’ Powell, renewing attacks on Fed chair The Washington Post Events
Treasury Secretary Scott Bessent confirmed he’s not seeking the Federal Reserve chair role and praised President Trump after Saudi Arabia pledged nearly $1 trillion in U.S. investments. Economics