Trump Says He Would ‘Love’ To Fire Fed Chair Jerome Powell

Former President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell, stating, 'I'd love to fire his ass.' This remark highlights Trump's ongoing dissatisfaction with the Fed's monetary policy, particularly its interest rate decisions, which he believes are detrimental to economic growth.

The Senate is questioning Donald Trump's nominee for the head of the Commodity Futures Trading Commission (CFTC) regarding cryptocurrency regulation. This scrutiny comes as the regulatory landscape for digital currencies continues to evolve, with lawmakers seeking clarity on how to manage this rapidly growing market.

At the last meeting, many Federal Reserve policymakers expressed opposition to a potential interest rate cut in December. This sentiment reflects concerns about the current economic climate and the implications of such a decision on market stability. The Fed's stance indicates a cautious approach to monetary policy amid ongoing economic uncertainties.

The Federal Reserve's minutes indicate widespread support among officials for ending quantitative tightening, signaling a potential shift in monetary policy. This development reflects a consensus on the need to adapt to changing economic conditions and may influence future interest rate decisions.

Donald Trump has called for federal regulation of artificial intelligence (AI) to counteract what he describes as 'woke' state laws. This statement follows his warning that overregulation at the state level poses a threat to the growth of AI technologies.

Treasury yields increased as Federal Reserve officials indicated a likelihood of pausing interest rate cuts on December 10. This rise in yields reflects growing uncertainty in the market regarding future monetary policy decisions.

The sale of F-35 fighter jets to Saudi Arabia marks a significant achievement for the kingdom, which aims to enhance its global influence and military capabilities. This deal, approved by former President Donald Trump, aligns with Saudi Arabia's strategic interests in bolstering its defense capabilities amid regional tensions.

Federal Reserve members are experiencing significant divisions regarding a potential interest rate cut in December, reflecting deepening disagreements on monetary policy. This divergence among officials may impact future economic strategies and investor confidence as they weigh various economic indicators.