Powell, Deutsche Bank and Trump
Digest more
Sen. Ron Wyden (D-Ore.) on Thursday slammed the Trump administration for not making deceased sex offender Jeffrey Epstein’s financial records available to Congress and the public. “Big news from my investigators on Epstein’s sex trafficking operation: the Trump administration has an Epstein file detailing 4,
5hon MSN
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
4h
Raw Story on MSN'Follow the money': Senator describes what he saw in Epstein's bank recordsA Democratic senator is continuing his investigation into Jeffrey Epstein's financial network as President Donald Trump calls on his supporters to move on. Sen. Ron Wyden (D-OR) and some of his staffers have seen confidential files related to the massive sums of money Epstein moved through the banking system to fund his sex trafficking network,
2don MSN
Deutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.
Deutsche Bank considers that the risk of Fed Chair Powell being dismissed by President Trump is underpriced in global markets. If Powell is forced out, the bank expects the dollar would slide 3-4% in an immediate reaction and would remain very vulnerable over the medium term, especially given the precarious US external financing position.
Sen. Ron Wyden has spent the past three years investigating the financial machinery behind Jeffrey Epstein’s sex-trafficking operation. The Oregon Democrat, who is the ranking member on the Senate Finance Committee,
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line.
2d
Benzinga on MSNTrump's Ouster Of Fed Chair Powell Could Trigger 'Collapse' Of Currency And Bond Market, Deutsche Bank WarnsDeutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.
Key Takeaways The administration has admonished Federal Reserve Chair Jerome Powell for costly repairs to the central bank's main buildings.The Fed says the repairs were needed to address the disrepair of a building that hadn't been renovated since it was built in the 1930s.