Federal Reserve System

• Bessent Accelerates Regulation Overhaul to Jumpstart Growth - The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.”
• Trump Gets to Pick a New Fed Chair but a Divided Board Still Gets a Say - President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
• At Fed Meeting, Interest Rate Cut Expected Amid Divisions - The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.
• Conservative Project at Supreme Court Meets Trump’s Push to Oust Officials - President Trump has repeatedly ousted leaders of independent agencies despite federal laws meant to shield those regulators from politics.
• Private Employers Cut Jobs in November, in Latest Sign of a Slowdown - Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown.
• Fed Pick Puts Pressure on Bessent to Deliver for Trump - Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.