President Trump said on Friday that he wants another round of quantitative easing from the central bank. Source: NYT > Business – JIM TANKERSLEY
Trump Considering Herman Cain, Former Pizza Executive, for Fed Board
The potential nomination signals the second time in weeks that the president has considered someone with partisan views for the Fed. Source: NYT > Business – ALAN RAPPEPORT and MAGGIE HABERMAN
Trump Fed Pick’s Divorce Records Are Put Under Temporary Seal
A request by Stephen Moore’s former wife to keep them sealed, which will be the subject of a Friday hearing in Circuit Court, adds to the controversy surrounding his pending nomination. Source: NYT > Business – JIM TANKERSLEY, GLENN THRUSH and PATRICIA COHEN
White House Blames Fed for Slowing Economic Growth
President Trump said the Fed had “mistakenly raised interest rates,” and his top economic adviser called on the central bank to cut rates. Source: NYT > Business – KATIE ROGERS
Could Wells Fargo C.E.O. Be Banking’s Worst Job? It’s Open
Filling the job held by Timothy F. Sloan, who resigned abruptly, could only add to the troubled bank’s challenges. Source: NYT > Business – EMILY FLITTER and STACY COWLEY
Trump Owns the Economy Now, for Better or Worse
The Federal Reserve has halted rate increases. Tax cuts and tariffs have taken hold. Now the president must prove the naysayers wrong about the future. Source: NYT > Business – JIM TANKERSLEY