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Trump Eyes Jamie Dimon For Treasury Secretary, Rules Out Ousting Fed Chair Jerome Powell
Tuesday, July 16, 2024 - 9:04pm | 547In a recent development, former President Donald Trump has expressed his consideration of JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon for the Treasury Secretary position if he emerges victorious in the forthcoming November 5 election. Furthermore, Trump has assured that he will not seek to...
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Secretive Trump Allies Plan To Curtail Federal Reserve's Independence: Report
Thursday, April 25, 2024 - 11:06pm | 743Supporters of Donald Trump are said to be formulating plans that could potentially disrupt the independence of the Federal Reserve, if the former president were to be re-elected. What Happened: Trump’s allies have been considering a variety of proposals in recent months. These range from...
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Of Janet Yellen, Dot Plots And Definitions
Thursday, March 20, 2014 - 4:05pm | 1108Wednesday's question of the day was a bit of a head-scratcher. After listening intently to first the FOMC statement and then the ensuing press conference, the question apparently on investors' minds was: When a change is made to the Fed's statement on monetary policy, and yet the...