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Wall Street welcomes Kevin Warsh’s nomination as Fed Chair, highlighting his crisis-era experience, but stresses the challenge of maintaining central bank independence amid political pressure from President Trump.
He lives in a world of pure fiction.
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US Treasury yields climbed as the Trump administration launched a criminal investigation into Fed Chair Jerome Powell, raising concerns over central bank independence and triggering a broad 'Sell USA' trend in financial markets.
As new reporting blows holes in Trump’s effort to fire the Federal Reserve’s Lisa Cook, a legal writer explains why Trump’s use of this tactic is so alarming—and what might happen when this goes to the Supreme Court.
U.S. bond markets brace for a busy week as key economic data, Fed confirmation hearings, and a surge in corporate bond issuance converge, with yield curve steepening and labor market trends in focus.