Warren warns Trump Treasury pick not to interfere with Federal Reserve

Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent, to not interfere with the Federal Reserve. “I have been a fierce ...

Politics - The Hill - Yesterday

Trump warned against meddling with Federal Reserve’s independence

Any effort by president-elect to interfere in interest rate policy could destabilise markets

Business - Financial Times - November 9

Judge dismisses Trump's federal election interference charges

President-elect Trump’s criminal indictment accusing him of conspiring to subvert the 2020 election results is no more. U.S. District Judge Tanya Chutkan on Monday swiftly granted special counsel ...

Politics - The Hill - Yesterday

What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Business - The New York Times - November 7

Trump's Treasury pick search

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump mulls new Treasury options, Commerce pick President-elect Trump is ...

Politics - The Hill - November 18

Trump doubles down on tariff promise after federal election interference charges dismissed

President-elect Donald Trump has taken to social media to threaten new tariffs on Mexico, Canada and China on day one of his new presidency. Those comments come amid the dismissal of the federal ...

Federal Reserve interest rate news expected days after Trump wins 2024 election

The Federal Reserve will announce Thursday whether it will cut interest rates again after a jumbo cut in September. CBS News business analyst Jill Schlesinger breaks down what economists expect.

Top stories - CBS News - November 7

'#EndtheFed': Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win

During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and his policy decisions.

Business - CNBC - November 9

Hong Kong leader warns Trump not to interfere after he says he would free Jimmy Lai

Hong Kong’s top leader on Tuesday warned President-elect Donald Trump not to interfere in the Chinese territory’s internal affairs after he said he would “100%” free the imprisoned pro-democracy ...

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - November 7

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

Trump picks Scott Bessent as Treasury secretary

Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs

Business - Financial Times - 4 days ago

Trump picks hedge fund manager Scott Bessent to serve as treasury secretary

President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.

Top stories - The New York Times - Yesterday

Who is Trump's treasury secretary pick, Scott Bessent?

Scott Bessent, a billionaire hedge fund manager who has helped fundraise for Donald Trump, is the president-elect's choice to lead the Treasury Department.

Possible Trump Treasury secretary says he'd work with Musk to cut federal spending

Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...

Politics - The Hill - October 30

Trump picks Brendan Carr to lead the Federal Communications Commission

President-elect Donald Trump announced that he selected Project 2025 chapter author Brendan Carr to serve as chairman of the Federal Communications Commission.

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

Two days after the election, the Federal Reserve will cut rates again.

Business - Inc. - November 3

What to know about the interest rate cut expected from the Federal Reserve

Another interest rate cut is expected to be announced Thursday afternoon by Federal Reserve Chair Jerome Powell. CBS News business analyst Jill Schlesinger has more details.

Top stories - CBS News - November 7

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Top stories - CBS News - November 7

Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - November 7

Federal Reserve cuts interest rate for second time in 2024

The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News ...

Top stories - CBS News - November 7

Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point

After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.

Business - Inc. - November 7

How the Federal Reserve interest rate cut could affect Americans

The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...

Top stories - CBS News - November 7

Federal Reserve cuts interest rates another quarter-point

The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.

Top stories - CBS News - November 7

Chicago Federal Reserve President Encourages Cautious Rate Cuts

Some policymakers want to ensure the labor market doesn’t cool more, suggesting additional rate cuts.

Business - Inc. - 5 days ago

Trump election interference case dismissed

The election interference case against President-elect Donald Trump was dismissed Monday after special counsel Jack Smith requested the case end as Justice Department policy forbids the ...

Trump election interference case dismissed

The election interference case against President-elect Donald Trump was dismissed Monday after special counsel Jack Smith requested the case end as Justice Department policy forbids the ...

Politics - CBS News - Yesterday

Trump backer John Paulson bows out as possible Treasury secretary pick

John Paulson said he would remain in involved in implementing economic policies of President-elect Donald Trump

Business - CNBC - November 12

Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked

Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.

Business - MarketWatch - November 15

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Musk’s comments on X in support of candidate comes amid anxiety over entrepreneur’s proximity to Trump. . Elon Musk has publicly weighed in on Donald Trump’s choice for US treasury secretary, one ...

World - The Guardian - November 17

After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary

President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.

Top stories - The New York Times - November 18

Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets

The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.

Business - The New York Times - 6 days ago

Trump Ponders New Treasury Picks, Plans SpaceX Launch Visit With Musk

Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh are new names in the mix of candidates for Secretary of the Treasury.

Business - Inc. - November 19

Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs

Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.

Business - MarketWatch - November 20

Latest in Warren warns Trump Treasury pick not to interfere with Federal Reserve