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tim-scott
2 stories related to this topic, newest first.
New York Postfinance47 days ago
Sen. Tim Scott Calls for Fed Chair Powell to Resign
Sen. Tim Scott expressed hope that Federal Reserve Chair Jerome Powell will depart after his term ends in May, suggesting Powell might stay to challenge the incoming leadership. Powell plans to remain as a governor until 2028, citing concerns over threats to Fed independence. Sou…
New York Postfinance47 days ago
Sen. Tim Scott Criticizes Powell's Plan to Remain Fed Chair
Republican Sen. Tim Scott criticized Federal Reserve Chair Jerome Powell for planning to remain on the Fed's Board of Governors after his chair term ends on May 15, 2026. Scott said the move breaks 75 years of precedent and suggested it might be aimed at President Trump. Powell c…