New leading Oversight Democrat sworn in by Kamala Harris as committee chair focuses on her testimony
New Leadership for House Oversight Committee The House Oversight Committee has welcomed a new ranking member this week, as Rep. Robert Garcia from California officially took on his leadership role, with the oath administered by former Vice President Kamala Harris. Garcia was elected to this position back in June, following the passing of former ranking […]
Ethereum reaches new peak as Fed Chair indicates change in ‘balance of risks’
Cryptocurrency Market Bounces After Powell’s Remarks Jerome Powell sparked a significant surge in the crypto market on Friday. Ethereum, the second-largest cryptocurrency, jumped to over $4,814, reflecting a rise of about 13%. This surge brings it close to its all-time high from November 2021, which was $4,878. Bitcoin, the largest crypto, also saw an increase […]
Joe Gruters, endorsed by Trump, will officially become RNC chair on Friday
Joe Gluters Elected New RNC Chairman ATLANTA, Ga. — On Friday, Joe Gluters, a close ally of President Trump, was elected as the new chairman of the Republican National Committee (RNC). The RNC committee members chose Gluters, who has Trump’s backing, for the leadership role. Gluters, a Senator from Florida, currently serves as the Sunshine […]
Joe Gruters, endorsed by Trump, will officially assume the role of RNC chair on Friday
New Leadership within the RNC as Joe Gluters is Set to Take Charge ATLANTA, Ga. — Joe Gluters is set to officially take the helm of the Republican National Committee (RNC) on Friday. This comes as he is expected to be elected chair, with backing from President Donald Trump. Gluters, who is a Florida Senator […]
Two strong candidates to succeed Fed Chair Powell emerge: El-Erian
Economic Insights from Allianz’s Chief Advisor Mohamed El-Erian, the chief economic advisor at Allianz, shared his thoughts on potential candidates for the Federal Reserve Chair during an interview on Fox Business Network’s “Craman Countdown.” He highlighted Jerome Powell as standing out among the contenders. El-Erian commented that BlackRock’s Chief Investment Officer, Kevin Warsh, is also […]
SEC Chair Atkins Reaffirms Commitment to Project Crypto: ‘We Aim to Promote Innovation’
Simply put SEC Chair Paul Atkins has revealed a significant shift in the approach to cryptocurrency regulation, aiming to move away from strict enforcement and instead foster innovation. He has introduced Project Crypto, designed to make the U.S. more appealing to crypto businesses by offering tailored disclosures, exemptions, and safe spaces for various crypto-related activities […]
Treasury chief Bessent considers 11 candidates for the Federal Reserve chair position
Slatestone Wealth Chief Market Strategist Kenny Polcari weighs in on how global matters are influencing the Kraman Countdown market. Treasury Secretary Scott Bessent announced on Tuesday that the Trump administration will start interviewing candidates for the chair of the Federal Reserve System after Labor Day. Bessent shared these details during an interview with CNBC’s ‘Squawk […]
Trump administration considers 11 potential candidates for the Fed Chair role, officials report
Potential Successors for Federal Reserve Chair Under Review The Trump administration is currently considering eleven candidates to succeed Jerome Powell as Chair of the Federal Reserve, whose term ends in May. Among these new names are David Zelvos, chief market strategist at Jeffries, former Fed Governor Larry Lindsay, and Rick Rieder, Chief Investment Officer of […]
Treasury Secretary Scott Bessent states that Trump thought about bringing Janet Yellen back as Fed chair.
Trump Open to Fed Chair Candidates President Trump appears to be quite flexible regarding potential replacements for Federal Reserve Chairman Jerome Powell. The Treasury Department has indicated that he even considers Post’s Janet Yellen among the candidates. Powell’s term expired in May 2026, and the Trump administration has been interviewing a wide array of potential […]
Fed Chair Powell says significant harm has resulted from not reducing rates
Trump Criticizes Fed’s Powell Over Interest Rates Former President Donald Trump has expressed strong disapproval of Federal Reserve Chairman Jerome Powell, claiming significant damage was done by not lowering interest rates after recent inflation data fell short of expectations. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by 0.2% in […]