Stephen Miran, a member of the Federal Reserve's board of governors, has resigned as chairman of the White House Council of Economic Advisers, fulfilling a commitment he made last year.
Investor cash awaiting securities purchases dropped by 40 trillion VND in Q4/2025, reflecting a withdrawal of speculative, interest-rate-sensitive capital.
President Donald Trump accused Federal Reserve Chair Jerome Powell of "incompetence" and failing to "do his job well," citing billions of dollars in budget overruns on the Fed's headquarters renovation project.