Despite the string of bank failures in the U.S, the US central bank has raised interest rates again, despite fears that the move could add to financial turmoil.
The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking system "sound and resilient".
Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent âwants to stay where he is.â The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Wallerâwhom Trump praised as âvery good.â With Powellâs term ending in 2026, Trump is considering naming a âshadow chairâ to counteract his policies and align the Fed with his low-rate agenda.
#Trump #ScottBessent #FederalReserve #JeromePowell #KevinWarsh #KevinHassett #ChrisWaller #KuglerExit #TrumpFed #InterestRates #EconPolicy #TrumpVsPowell #MonetaryPolicy #USFed #ShadowChair #FedChairRace #TrumpEconomy #Bessent #TrumpAdmin #WhiteHouseMoves #TrumpNominees #BreakingNews #CNBCInterview #Trump2025 #FedPolitics #RateCuts #PowellCriticism #USMarkets #TrumpLoyalists #FederalBoard #EconShakeup
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In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy â but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict between the White House and the central bank raises fears of economic instability and political tension. What does this mean for borrowers, investors, and the future of the U.S. economy? Watch to get the full breakdown of the battle heating up in Washington and Wall Street.
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Watch Fed Chair Jerome Powell react to US President Donald Trump
The Federal Reserve Chair and the US President got into a disagreement over costs at a tour of the Fedâs office building renovation in Washington on Thursday.
READ MORE : http://www.euronews.com/2025/07/25/watch-fed-chair-jerome-powell-react-to-us-president-donald-trump
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 02:55Published
Donald Trump launched a scathing attack on Federal Reserve Chair Jerome Powell, calling him âToo Lateâ and blaming him for crippling interest rates. In a fiery speech, Trump accused Powell of political bias, economic mismanagement, and wasting billions on federal buildings. Trump claimed high rates are hurting homebuyers and vowed Powell would be âout soon.â He also demanded an internal Fed investigation and slammed Powellâs $2.7 billion building plan, calling it âmission creep.â The clash signals rising tensions over U.S. monetary policy.
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Tanvi The Great made a powerful impact at its special screening held in Delhi's Connaught Place. Delhi Chief Minister Rekha Gupta attended the event along with Anupam Kher, who directed and acted in the film, and lead actress Shubhangi Dutt.
Tanvi The Great tells the emotional story of a young special child who dreams of joining the Indian Army to honour her martyr father. The presence of a stellar cast including Jackie Shroff, Pallavi Joshi, Arvind Swami, and Karan Tacker adds to the film's charm.
Rekha Gupta praised Tanvi The Great and called for it to be shown to children across India. The film is set to release on July 18, and excitement is building. Stay tuned for more on Tanvi The Great only on Filmibeat and OneIndia.
#TanviTheGreat
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Trump In Epstein Trouble: A major rift has appeared within the MAGA movement as supporters turn on President Donald Trump. The controversy ignited after Trump publicly defended Attorney General Pam Bondi, a move seen by many conservatives as a dismissal of concerns surrounding the recently unsealed Epstein files. This defense has triggered an unprecedented backlash from his own base.
The fallout has been swift and visual. Influential conservative figures have condemned Trump's stance, and viral videos have spread across social media showing die-hard supporters burning their MAGA hats and other merchandise in protest. This public display of disillusionment signals a deep fracture within what was once Trump's most loyal demographic. As Trump scrambles to control the narrative with a 400-word post on Truth Social urging unity, even figures like Elon Musk have taken public jabs at him over the issue.
Sensing a critical moment of weakness, the Democratic party is moving quickly to capitalize on the Republican infighting. Former President Barack Obama is set to return to the political frontline, headlining a major fundraiser in New Jersey this Friday alongside DNC Chair Ken Martin. This event, Obama's first since the 2024 election, is designed to rally the Democratic base and frame the GOP's internal conflict as a major liability ahead of the crucial 2026 midterm elections.
This report from Oneindia News breaks down the timeline of the MAGA backlash, Trump's attempts at damage control, and the strategic moves being made by Barack Obama and the Democrats. Stay tuned for the latest updates on this developing story in US politics.
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A major tragedy has struck Gujarat after the Gambhira bridge, a crucial link connecting Anand and Vadodara, collapsed on Wednesday. At least three people have lost their lives in the incident, which saw multiple vehicles, including a truck and a tanker, fall into the Mahisagar River below. The shocking collapse has brought traffic to a complete standstill, severing a vital transportation route in the state.
Gujarat Minister Rushikesh Patel officially confirmed the death toll, stating, âThree persons killed in bridge collapse in Vadodara district.â Emergency services and disaster response teams were rushed to the spot to conduct search and rescue operations. This incident raises serious questions about infrastructure safety and maintenance protocols.
The collapse has led to significant disruption for commuters and commercial transport between the key districts of Anand and Vadodara. Authorities are working to clear the debris and assess the full extent of the damage while rerouting traffic to prevent further chaos.
According to Minister Patel, the bridge was originally constructed in 1985. He added that its maintenance was carried out periodically as and when required, a statement that will likely come under intense scrutiny as investigations begin to determine the exact cause of this fatal structural failure. Oneindia News is tracking all the latest developments on this story.
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A training aircraft, reported to be a Cessna 337 Skymaster, has crashed in Tatarstan, Russia, narrowly avoiding a direct impact with a private residential house on Monday. This developing story has raised urgent questions as an investigation into the cause of the crash gets underway. So far, authorities have confirmed that there are no casualties reported from the incident.
According to dramatic eyewitness accounts, the plane was seen circling the area for approximately one hour before it ultimately crashed. This unusual behaviour is a key focus for investigators who are now working to determine the cause of the malfunction. While official confirmation of the aircraft model is still pending, multiple reports point to it being a Cessna 337 Skymaster, a light twin-engine plane used for both civilian and military purposes.
The Cessna 337 is known for its distinctive push-pull engine configuration. Worryingly, this model has a documented history of accidents linked to issues such as engine failure, stalls, and fuel mismanagement. Investigators will be meticulously reviewing the aircraft's maintenance records, the pilot's actions in the moments before the incident, and the prevailing weather conditions to piece together what went wrong. Stay tuned to Oneindia News for the latest updates on this breaking story.
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A shocking new video has emerged from a deadly mass shooting in the Grays Ferry neighborhood of Philadelphia, USA. The incident, which occurred around 1 a.m. on Monday on South Etting Street, resulted in three people being killed and ten others being wounded. The entire horrifying event was captured on a Ring security camera, and the footage is now a critical piece of evidence in the ongoing police investigation.
Police have described the event as an "indiscriminate gunfight," with gunmen firing randomly into homes and cars, tragically hitting numerous young victims. The deceased have been identified as Zahir Wylie, Jason Reese, and Azir Harris, all under the age of 25. The injured victims range in age from 15 to 24, highlighting the youth of those caught in the crossfire. According to Commissioner Bethel, the shooters showed a shocking disregard for human life, opening fire even with children nearby.
This mass shooting concludes a weekend of extreme violence across Philadelphia, where a total of 46 people were shot in separate incidents. On Saturday, eight people were wounded in a shooting at a bar, and on Sunday, another three were shot during a large gathering in North Philly. This string of events has raised serious concerns about public safety and gun violence in the city. Oneindia News brings you the full report on this developing story from the United States.
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