Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary, won’t remove Fed’s Powell: report
Donald Trump will not seek to remove Federal Reserve Chairman Jerome Powell from his position before his term ends and would consider appointing JPMorgan CEO Jamie Dimon as Treasury secretary if he wins the Nov. 5 election, the former president said. Bloomberg interview It was published on Tuesday. JPMorgan declined to comment on Trump’s remarks. […]
Treasury, IRS announce 'major milestone' of $1 billion in past-due taxes collected from millionaires – CNBC
Internal Revenue Service Commissioner Danny Wuerfel testifies to the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024. Kevin Dietsch | Getty Images News | Getty Images “The IRS has collected $1 billion from billionaires, successfully launching a strategic new program and demonstrating that we can achieve the greatest return on investment,” Treasury […]
Treasury chief Yellen reveals Cabinet has not met over 25th Amendment to boot prez
Treasury Secretary Janet Yellen said Tuesday that cabinet members have not discussed invoking the 25th Amendment to impeach President Biden amid a national tribunal over his cognitive status. Speaking before the House Financial Services Committee, Yellen, 77, suggested there was no need to do that. Several prominent Republicans, including House Speaker Mike Johnson (R-Louisiana), Publicly […]