Washington, July 22, 2025 (AFP) - US Treasury chief says no reason for Fed chair to step down now

NAMPA / AFP

2025-07-22

US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a review of the Fed. Bessent's comments in a Fox Business interview come as Powell faces growing pressure from Donald Trump's administration to slash interest rates, with the president recently targeting the central bank chief over the Fed's $2.5 billion renovation project as well. "T......

Restricted content

Business & Finance News

Washington, July 22, 2025 (AFP) - Trump agrees to small reduction in Philippine tariffs

2025-07-22 20:30:26

Helsinki, July 22, 2025 (AFP) - Nokia lowers forecast on weaker dollar, US tariffs

2025-07-22 20:00:51

Washington, July 22, 2025 (AFP) - Trump says Philippines trade deal 'concluded' with 19% tariff

2025-07-22 20:00:48

2025-07-22 20:00:47

Paris, July 22, 2025 (AFP) - Games giant Ubisoft bets on reorganisation to dispel blues

2025-07-22 19:30:30

Washington, July 22, 2025 (AFP) - Trump says confident US to reach Philippines trade deal

2025-07-22 19:30:28

London, July 22, 2025 (AFP) - AstraZeneca to invest $50 bn in the US as tariff threat looms

2025-07-22 19:30:26

Washington, July 22, 2025 (AFP) - Trump says confident US to reach Philippines trade deal

2025-07-22 19:00:39

Frankfurt, Germany, July 22, 2025 (AFP) - Bosch to cut 1,100 jobs in new blow to German auto sector

2025-07-22 19:00:38

Paris, July 22, 2025 (AFP) - Games giant Ubisoft misses April-June sales forecast

2025-07-22 18:31:32

San Francisco, United States, July 22, 2025 (AFP) - Chinese state hackers targeting Microsoft customers

2025-07-22 18:31:29

Latest NAMPA photos

OTJIWARONGO, 22 July 2025 - Popular Democratic Movement (PDM) Secretary-General Manuel Ngaringombe speaks Thursday morning at a leadership training workshop underway at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

Swakopmund, 18 July 2025 - Hyphen Hydrogen Communication and Stakeholder Relations Lead Ricardo Goagoseb speaking on Effective stakeholder engagement for service delivery and policy impact at the Effective Communicators’ Conference at Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA

Swakopmund, 18 July 2025 - Managing Director of the Navachab Gold mine George Botshiwe speaking on the mine’s success at the Effective Communicators Conference at Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 17 July 2025 - Swakopmund Municipality Chief Executive Officer, Archie Benjamin at the 2025 Effective Communicators Conference in Swakopmund on Thursday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

SWAKOPMUND, 17 July 2025 - Former Media Ombudsman, Dr John Nakuta at the 2025 Effective Communicators Conference in Swakopmund on Thursday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

SWAKOPMUND, 17 July 2025 - New Era Chief Executive Officer, Christopher Maletsky and Namibian Sun Editor, Toivo Ndjebela at the 2025 Effective Communicators Conference in Swakopmund on Thursday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

SWAKOPMUND, 17 July 2025 - New Era Newspaper Chief Executive Officer, Christopher Maletsky and Namibian Sun Editor, Toivo Ndjebela at the 2025 Effective Communicators Conference in Swakopmund on Thursday afternoon. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

SWAKOPMUND, 17 July 2025 - Namibia University of Science and Technology (NUST) Director of Coorporate Engagement Nashilongo Gervasius who presented on Artificial Intelligence and Communications at the Effective Communicators’ Conference at Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA