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As the week winds down, let’s take a look at the top stories that made headlines in the financial world. Peter Schiff Calls For Scott Bessent’s Resignation Over $5,000 Dividend Claims Investor Peter Schiff has called for the resignation of Treasury Secretary Scott Bessent over the $5,000 dividend promise. Bessent sugge
Federal Reserve Chair Kevin Warsh spent his first post-hike press conference reiterating the Fed’s battle against inflation, and stocks gave back the entire session’s advance while he did it. “Today’s action starts to show we are serious about this,” Warsh said. “And we will deliver on the price stability objective, an
Fed Chair Warsh Says Today's Action Starts To Show We Are Serious About This; Asked About AI Safety, Says We Care Very Much About What's Happening In AI But Decisions About Risks And Rewards Are For Other Policymakers To Make; Don't Believe We Need To Do Harm To Job Market To Achieve Our Objective; Job We Did Today And
Fed Warsh: Today's Action Starts To Show We're Serious About This