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The Daily Money: Is Fed Chair Powell on the way out?


Good morning! It’s Daniel de Visé with your Daily Money.

President Donald Trump said Wednesday he’s hunting for a new Federal Reserve chair to replace Jerome Powell and has narrowed his search to “three or four people.”

Can Trump replace Powell? Who are the three or four people? Paul Davidson has our report.

All you need to know about the Trump tax bill

President Donald Trump's "Big Beautiful Bill" has traveled a long road through Congress, surviving many political tweaks and tradeoffs.

In a new report, my colleagues collect the items in the bill that will likely have the biggest impact on your lives and your dollars, from tax cuts to program cuts. It's all you need to know about the Trump tax bill.

Are those Trump phones really made in America?

President Trump's newly launched cellular service is defending its claims that its T1 cellphones are produced in the United States.

But are they, really? The device's website no longer touts the "made in America" message it displayed when it launched. Instead, it uses language like "brought to life right here in the USA," and "proudly American."

Here's a full report on the phones, their provenance, and their price tag.

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.