Brian Schwartz
@schwartzbWSJ
@WSJ White House Economic Policy Reporter. Previously @CNBC. Signal: schwartb.07 Thoughts are my own. Retweets are not endorsements.
Exclusive: The Justice Department told President Trump in May that his name is among many in the Epstein files on.wsj.com/4mcTIKV
“There’s nothing that tells me that he should step down right now,” Treasury Secretary Scott Bessent tells Fox Business about Jay Powell.
1/ If Trump forces Powell out, markets could no longer assume Fed will hit 2% inflation no matter what. Inflation would be subordinated to White House's larger agenda. No longer the brakes, the Fed would be part of the engine. My column: wsj.com/economy/centra…
The president issued a response. “People don’t explain to me, I explain to them!”
"For the U.S. government, breaking up with Elon Musk is easier said than done." wsj.com/business/trump…
Treasury Secretary Scott Bessent told the president privately in recent days that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles on.wsj.com/46CfbbR
For the U.S. government, breaking up with Elon Musk is easier said than done on.wsj.com/3TNIQXK
NEW: After Trump officials launched a review of SpaceX government contracts, they determined they couldn’t eliminate most of those contracts because they are critical to the Pentagon and NASA Details on the review w/ the great @shalini @MicahMaidenberg wsj.com/business/trump…
Treasury Secretary Scott Bessent in recent days privately laid out his case to President Trump for why he believed Trump shouldn’t try to oust Federal Reserve Chair Jerome Powell, people familiar with the matter said. @schwartzbWSJ wsj.com/economy/centra…
NEW: Treasury Secretary Scott Bessent in recent days privately laid out his case to President Trump for why he believed Trump shouldn’t try to oust Federal Reserve Chair Jerome Powell. Story w/ @NickTimiraos wsj.com/economy/centra…
Trump efforts to quiet Epstein fervor are not working - 10 R sponsors for compelling doc release - Rs forced to block Gallego - New Wyden report - House Rs scrambling behind scenes - Tillis: Release the damn files Sen. Rick Scott: “The public seems pretty interested in it"
Scoop: Internal friction with the Justice Dept team that fights monopolies has led to private conversations in the Trump admin about whether to push out some staff in the antitrust division or to work to smooth out the issues, sources told @CBSNews. Gail Slater, who in March took…
Removing Powell as Fed chair could lead to a messy, drawn-out standoff. The Fed owns its buildings and controls its security. If Trump attempts removal, Powell could try to stay until the courts uphold it or the Senate confirms a replacement. wsj.com/economy/centra…
Trump Denies He Is Planning to Attempt to Fire Powell @schwartzbWSJ @NickTimiraos wsj.com/politics/polic…
NEW: Trump asked a group of lawmakers if he should fire Jerome Powell – and people in room voiced approval, sources told @CBSNews. Several said Trump indicated he will do it. Trump has been socializing the possibility of a for-cause firing, but White House has not yet formally…
President Trump with a lengthy post on Truth Social about what he is calling the "Jeffrey Epstein Hoax":
New: Mamdani, in a meeting with some of the power brokers of NYC's biz community yesterday, softened his position on the phrase "globalize the intifada." Execs were impressed with him as a politician, but felt no better about his policies wsj.com/politics/elect…
On making Bessent his Fed chair, Trump says the Treasury secretary "is an option" but he's not the top option "because I like the job he's doing." "I do like the job he's done. So, in that sense, probably it's not that much of an option."
NEW: Trump tells me at Joint Base Andrews that he may not end up picking Treasury Secretary Scott Bessent as his next Fed chair because he thinks he’s doing a great job at his current role. Trump said he would prefer not to move Bessent out of Treasury because of how much he…
And yes , as I told President Trump, I am a citizen of the United States.
REPORTER: Why stick with the date of August 1? TRUMP: Payments start on August 1. So they have to start paying billions of dollars to you -- are you a citizen? REPORTER: Yes I am TRUMP: You'll be very happy because you're gonna get a lot of money