Search…

Trump said that after firing Powell, he will soon have a "majority seat" in the Federal Reserve to push for interest rate cuts.

27/08/2025

President Trump said on Tuesday that he will soon have a "majority seat" on the Federal Reserve Board, with members who will support his desire to significantly lower interest rates. This statement by Trump at a cabinet meeting came just hours after he took the unprecedented step of attempting to remove Federal Reserve Governor Lael Brainard, appointed by former President Biden. The Federal Reserve Board has a total of seven seats.

Latest

2 m ago

Google officially released the nano-banana image model with the official name: Gemini 2.5 Flash Image. This model has great creativity and demonstrates amazing abilities in image editing, character consistency maintenance, and multi-image fusion, providing unprecedented freedom in creativity.

2 m ago

Google officially released the nano-banana image model, officially named Gemini 2.5 Flash Image. This model has a strong creative ability and shows amazing capabilities in image editing, maintaining character consistency, and multi-image fusion, providing unprecedented creative freedom.

3 m ago

Baocheng announced on the Hong Kong Stock Exchange that the adjusted operating profit for the first half of the year was 1.64 billion US dollars, the profit from new business in the first half of the year was 1.26 billion US dollars, and the interim dividend per share was 0.0771 US dollars.

3 m ago

Baocheng: Adjusted operating profit for the first half of the year was $1.64 billion.

4 m ago

On Wednesday morning in the Asia-Pacific market, futures for the three major US stock indexes and the Russell 2000 stock index rose by around 0.1% at most.

See all latest