Latest in Powell Billionaires
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Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - 17h -
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
President-elect Donald Trump's pick for Treasury secretary said Federal Reserve Chair Jerome Powell could serve out his term.CNBC - 21h -
BlackRock’s billionaire bonanza
The asset manager’s acquisition tear makes the leadership succession process more complexFinancial Times - 1d -
Trump's administration set to have unprecedented number of billionaires
Once President-elect Donald Trump takes office in January, an unprecedented number of billionaires will make up his incoming administration. Axios national politics reporter Sophia Cai joins "The ...CBS News - 1d -
Trump promises ‘fully expedited approvals and permits’ to billionaire investors in the US – live
President-elect also promises faster environmental approvals without giving further details in latest sign of billionaire-friendly policies. Art Arthur, a resident fellow at the anti-immigration ...The Guardian - 1d -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - 2d -
How Steve Cohen wooed Juan Soto to the Mets: Billionaire owner reportedly pitched star with 'personal touch'
Soto has agreed to a 15-year, $765 million contract with the MetsCBS Sports - 3d -
Trump says he will not remove Jay Powell from Fed before term ends
President-elect also does not rule out higher inflation as a result of his tariffsFinancial Times - 3d -
Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.The New York Times - 3d -
Billionaires plan overhaul of US news groups as media confronts trust issue
Patrick Soon-Shiong and Jeff Bezos announce efforts to address bias at LA Times and Washington PostFinancial Times - 3d -
Trump says he won't seek to remove Fed chairman Powell
President-elect Trump in a new interview said he does not plan to try and fire Jerome Powell as chairman of the Federal Reserve upon taking office next year. "No, I don't think so. I don't see it," ...The Hill - 3d -
Donald Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump says he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026, during an exclusive interview with Meet the Press.NBC News - 3d -
Trump says he won't fire Fed chief Jerome Powell
President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.NBC News - 3d -
Billionaires have been beating the stock market — where they are putting their money now, according to UBS
The world’s wealthy individuals have a pretty decent track record over stocks in the past near decade. They are looking to preserve that wealth in 2025.MarketWatch - 4d -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - 4d -
Elon Musk and the Tech Billionaires Steering Trump’s Transition Team
The involvement of wealthy investors has made this presidential transition one of the most potentially conflict-ridden in modern history.The New York Times - 5d -
Trump's billionaire Cabinet
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story The billionaires stocking Trump’s next administration President-elect Trump made ...The Hill - 5d -
Move Over Elon: Tech Billionaires Make More Inroads in Trump’s Administration—And He’s Even Quoting Them Directly
VC David Sacks will be the White House’s AI and crypto czar, and Trump directly invoked a Marc Andreessen screed while announcing a DOJ appointment.Inc. - 5d -
Here are the billionaires stocking Trump’s next administration
President-elect Trump has named several billionaires to top roles in his next administration — a combination worth over $360 billion and that includes the world’s richest person. Elon Musk, the ...The Hill - 5d -
Democrat Frost slams DOGE: Billionaires 'cosplaying as government officials'
Rep. Maxwell Frost (D-Fla.) criticized President-elect Trump’s choices to lead the new Department of Government Efficiency (DOGE), saying it’s "two billionaires who are cosplaying as government ...The Hill - 5d -
Trump assembling US cabinet of billionaires worth combined $340bn
President-elect tapping mega-rich backers for positions that will give them power to cut spending on public services. Enough billionaires and multimillionaires have been assembled by Donald Trump ...The Guardian - 5d -
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell.NBC News - 6d -
Bitcoin breaks $100,000, boosted by Trump’s crypto embrace and Powell’s remarks
Bitcoin stages a remarkable comeback two years after the implosion of FTX to hit this $100,000 milestone, helped along by Wall Street titans who bet on crypto’s future.MarketWatch - 6d -
What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000
Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.CNBC - 6d -
Fed Chair Jerome Powell and Billionaires Jeff Bezos and Ken Griffin Agree: The U.S. Must Grow Its Way Out of Debt
The three heavyweights weighed in on the economy, the debt crisis, and central banking at the 2024 DealBook Summit.Inc. - 6d -
Billionaire Kylie Jenner shows off her lavish L.A. mansion, including a $12,000 Christian Dior treadmill
Jenner has shared a rare peek inside her $36.5 million mansion in a series of Instagram Stories.MarketWatch - 6d -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - Dec. 4 -
Trump taps billionaire private astronaut Jared Isaacman as next NASA chief
Jared Isaacman is an entrepreneur and veteran private astronaut with strong ties to Elon Musk and his rocket company SpaceX.CBS News - Dec. 4 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Billionaire who performed the first private spacewalk is Trump's pick to lead NASA
President-elect Donald Trump has tapped a tech billionaire who performed the first private spacewalk to lead NASAABC News - Dec. 4 -
Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt topped $36 trillion for the ...The Hill - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Trump picks billionaire Jared Isaacman to lead NASA
Donald Trump has picked billionaire Jared Isaacman to lead NASA. Isaacman has flown to space twice on commercial SpaceX missions but has not worked in government.NBC News - Dec. 4 -
Trump taps billionaire and private astronaut Jared Isaacman to lead Nasa
Aerospace defense firm founder was first civilian to walk in space and led first flight of all-private crew of astronauts. A billionaire entrepreneur who led the first flight of an all-private ...The Guardian - Dec. 4 -
Powell scores 30 and Harden has 23 as the Clippers beat the Trail Blazers 127-105
Norman Powell scored 30 points, James Harden had 23 and the Los Angeles Clippers beat the Portland Trail Blazers 127-105 on Tuesday nightABC News - Dec. 4 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - Dec. 3 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2