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Bessent Threatens 'Veto' of Regional Fed Presidents, Pushes 3-Year Residency Rule

The proposal positions the White House for a possible clash over February’s routine board reappointment of all 12 regional Fed presidents.

Bessent Narrows Fed Chair Search to Five Finalists

UK Mortgage Fixes Fall Below 5% as U.S. 30-Year Holds at 6.58% Ahead of Powell