Japanese Prime Minister Shigeru Ishiba announced that he will be stepping down after less than a year in power due to historic parliamentary election losses.
Read More Japanese PM Shigeru Ishiba to step down after Liberal Democratic Party suffers major election defeats
President Donald Trump is calling on European leaders to halt purchases of Russian oil, hoping to increase pressure on Moscow to participate in substantive negotiations in relation to Ukraine and the ongoing war.
Read More Trump pressures European leaders to stop purchasing Russian oil, undermining Moscow’s war funding
U.S. Treasury Secretary Scott Bessent has stated that customs duty revenues from President Donald Trump’s tariffs may be more than $500 billion a year.
Read More Bessent: U.S. tariff revenue could top $500B annually, slash deficit
President Donald Trump threatened to file a “major lawsuit” against Federal Reserve Chair Jerome Powell, alleging “grossly incompetent” management of the Federal Reserve’s building construction projects.
Read More Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costs
U.S. Treasury Secretary Scott Bessent has disclosed that he is evaluating a shortlist of three candidates to assume the role of Federal Reserve chair when the position becomes vacant next year.
Read More Treasury Secy. Bessent expands search for next Fed Chair
President Donald Trump has appointed economist Stephen Miran to serve on the Federal Reserve Board of Governors.
Read More Trump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignation