Trump Says Four Candidates Remain For Fed Chair

Topline The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent dropped out of consideration, President Donald Trump said Tuesday amid his growing feud with Powell over the agency’s decision to hold interest rates. Jerome Powell’s term expires in 2026, despite pressure from Trump…

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DoT’s Financial Fraud Risk Indicator Reportedly Blacklists 400K SIM Cards Linked to Fraudulent Activities

The Department of Telecommunications’ (DoT) Financial Fraud Risk Indicator (FRI) has reportedly blacklisted between 3,00,000 to 4,00,000 SIM cards that were linked with fraudulent activities. According to the report, the artificial intelligence (AI)-powered tool flags as many as 2,000 high-risk phone numbers on a daily basis. FRI was first introduced by DoT in May, and…

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