The Latest Breaking News from Jerome Powell

Scott Bessent Reportedly Threatened Housing Finance Chief Bill Pulte In A 'Bonkers' And 'Unhinged' Confrontation: 'I'm Gonna Punch You'

A private dinner at Washington's ultra-exclusive Executive Branch club turned chaotic Wednesday night after Treasury Secretary Scott Bessent reportedly went into a profanity-laced tirade at the Federal Housing Finance Agency director Bill Pulte.

Benzinga · Sep 9, 2025

How Trump’s dismissal of a Fed governor could redefine presidential power – if courts agree that he alone can interpret vague laws

President Donald Trump’s penchant to act first, ask later was on full display recently when he became the first president in American history to fire a member of the Federal Reserve Board.

The Conversation · Sep 8, 2025

Wall Street is locked in for a Fed rate cut next week: The only question is how far and how fast Powell will go

“The broader market psychology has shifted,” Convera’s George Vessey says. “The question is no longer if the Fed will ease, but how fast.”

Fortune · Sep 8, 2025

Scott Bessent Says 'Fed Must Change Course' As Trump Weighs Jerome Powell Successors, Treasury Secretary Calls For 'Nonpartisan Review'

U.S. Treasury Secretary Scott Bessent escalated his criticism of the Federal Reserve on Friday, urging sweeping reforms and accusing the central bank of driving inflation and inequality while President Donald Trump weighs successors to Fed Chair Jerome Powell.

Benzinga · Sep 6, 2025

Revisions and rising unemployment: what to know about the US jobs report

August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned

The Guardian - US · Sep 5, 2025

Is the Fed ready to go big? Analysts debate jumbo rate cut after soft jobs data

A half-point cut is “now in play,” some analysts say.

Fortune · Sep 5, 2025

A Bad Jobs Report

Plus: Eric Adams drop-out watch, DOJ investigates Lisa Cook, critiquing Blueskyism, and more...

Reason · Sep 5, 2025

US added just 22,000 jobs in August, continuing slowdown amid Trump tariffs

Latest report also contained more bad news – the US lost 13,000 jobs in June, according to latest survey

The Guardian - US · Sep 5, 2025

Trump Fed Pick Says He's 'Not At All' A 'Puppet' As Elizabeth Warren Warns Stephen Miran Would 'Take An Axe' To Central Bank Autonomy

President Donald Trump‘s Federal Reserve nominee Stephen Miran defended his independence during a contentious Senate Banking Committee hearing on Thursday, as Democrats warned his appointment could undermine the central bank’s autonomy over monetary policy decisions.

Benzinga · Sep 5, 2025

Mortgage Rates May Fall Before Fed's Much-Anticipated September Rate Cut: Here's Why

Mortgage rates could slip even before the Federal Reserve formally cuts rates on Sept. 17 because lenders tend to price in expectations ahead of policy moves and mortgages key off the 10-year Treasury yield more than the Fed's short-term rate.

Benzinga · Sep 5, 2025