Latest news with #Coming
Business Insider
3 days ago
- Business
- Business Insider
'The 2 Kevins' and the other potential picks Trump could name to replace Jerome Powell
Christopher Waller Fed Gov. Christopher Waller's chances appeared diminished when Trump praised "the Two Kevins" on August 5. But Waller's name rose to the top of leading prediction markets after Bloomberg News reported days later that he was emerging as the president's favorite. Waller, a longtime regional Fed official, was seen as a convention pick when Trump nominated him to the central bank in 2019. Simultaneously, Trump also nominated Judy Shelton, a former campaign advisor and a Fed critic. The fight over Shelton's nomination soon seeped over onto Waller's. In December 2020, the Senate confirmed Waller 48-47, the narrowest margin for any Fed governor since 1980, per The New York Times. In July, Waller joined Gov. Michelle Bowman (another Trump first-term pick) in opposing the Fed's decision not to cut interest rates, the first dual dissent in more than 30 years. Kevin Hassett Before joining Trump's orbit, Hassett advised a succession of Republican presidential nominees on economic policy, including George W. Bush, John McCain, and Mitt Romney. During Trump's first term, Hassett served as director of the president's Council of Economic Advisors. He returned to the White House during the COVID-19 pandemic and was severely criticized for publishing a model showing coronavirus deaths hitting zero by May 15, 2020. In October 1999, Hassett cowrote with journalist Jason Glassman "Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market." Some economists have heavily criticized the book, largely because the index took more than 22 years to reach that threshold. Kevin Warsh Trump reportedly considered Warsh to lead the Fed before he chose to nominate Powell in 2017. Warsh spent his early years at Morgan Stanley, working as a specialist in mergers and acquisitions. President George W. Bush nominated him to the Fed in 2006 after Warsh served as an economic advisor in the Bush White House. Drawing on his Wall Street ties, Warsh played a pivotal role in the central bank's response to the 2008 global financial crisis. When he left the Fed in 2011, the Times called him the Fed's chief liaison to Wall Street. From the sidelines, Warsh has echoed Trump's criticism of Powell, calling for "regime change" at the Fed. "The specter of the miss they made on inflation, it has stuck with them," Warsh told CNBC in July. "So one of the reasons why the president, I think, is right to be pushing the Fed publicly is we need regime change in the conduct of policy." James Bullard James "Jim" Bullard spent 15 years leading the Federal Reserve Bank of St. Louis and is now the dean of Purdue's business school. During his time on the Fed's Open Markets Committee, Bullard was viewed as a key indicator of the central bank's policy. He remains a frequent commentator on economic news. On Friday, The Wall Street Journal reported that Bullard was one of the new contenders added to a list of roughly 10 people. According to the Journal, Bullard recommended Waller for his eventual Fed nomination in 2019. Bullard has previously expressed interest in serving as Fed chairman if a vacancy occurred. Marc Sumerlin Like others on this list, Sumerlin worked as an economic policy advisor to President George W. Bush and rose to become deputy director of the National Economic Council. Sumerlin founded a consulting firm in 2013. According to the Journal, his work with the firm has led to interactions with Treasury Secretary Scott Bessent.
Associated Press
31-03-2025
- General
- Associated Press
A New Era of Unlocking Answers & Hope
Turning Point with David Jeremiah Unveils Prophecy Explained a Groundbreaking New Website Dedicated to Biblical Prophecy SAN DIEGO, Calif., March 31, 2025 /PRNewswire/ -- This March, David Jeremiah's Turning Point Ministries is thrilled to announce the launch of Prophecy Explained, a revolutionary new website dedicated solely to the fascinating and often-misunderstood topic of biblical prophecy. For more than 40 years, Dr. David Jeremiah has explored countless biblical themes, but few have captured the curiosity and urgency of audiences quite like prophecy. 'It is one of my favorite topics to study and preach,' says Dr. Jeremiah. 'When asked why study prophecy, my answer is for every prophecy about the birth of Christ, there are eight about His Second Coming, and there is a reward for studying prophecy.' (More on that reward is answered on the new site!) Prophecy Explained is a one-of-a-kind digital hub, carefully curated with sermon clips, television interviews, book excerpts, blog posts, articles, and answers to the most pressing prophecy questions. Designed to feel like a masterclass, the site brings Dr. Jeremiah's decades of insight into an easy-to-navigate format that allows visitors to explore, learn, and engage with these critical biblical teachings. What's Inside? Some of the compelling topics explored on the site include: The Rapture – What will happen when Christ returns for Christians? The Tribulation – What does the Bible reveal about this tumultuous period? The Millennium – What will Christ's 1,000-year reign look like? Heaven – What awaits believers in eternity? But that's not all—Prophecy Explained introduces an exciting new feature from Turning Point called SmartSearch. With this cutting-edge tool, users can submit a question and instantly receive an answer curated directly from Dr. Jeremiah's vast library of Bible Strong teaching. SmartSearch doesn't just find related content—it pinpoints the exact moment in Dr. Jeremiah's message where that specific question is addressed and takes the user directly to that precise moment in the teaching. With both a text-based response and a video clip of the answer in action, users can read or watch Dr. Jeremiah's answer immediately. 'There is so much to the topic of prophecy, and we wanted to create a space that could answer questions, quell fears, inspire faith, build hope, and ultimately lead more individuals to faith in Jesus Christ,' said Mishell Cook, Digital Content Manager for Turning Point. The excitement doesn't stop here— officially launches on March 31, kicking off a year-long exploration of prophecy that will culminate in Dr. Jeremiah's highly anticipated new book and teaching series on heaven this fall. Get ready to dive deeper, gain clarity, and find hope in the promises of Scripture. Visit and experience the future through the lens of biblical prophecy like never before! About Turning Point Turning Point Ministries was founded in 1982 as Dr. David Jeremiah's broadcast ministry to deliver the unchanging Word of God to an ever-changing world. More than four decades later, with a multimedia network featuring radio, television, online programming, magazines, and books, Turning Point reaches people around the globe with the saving knowledge of Jesus Christ. Turning Point is a 501(c)(3) nonprofit organization wholly supported by patrons and not underwritten by any church or organization.
