13:35:09 EST Mon 19 Jan 2026
Enter Symbol
or Name
USA
CA



Wells Fargo CDR (CAD Hedged)
Symbol WFCS
Shares Issued 600,000
Close 2026-01-16 C$ 24.77
Market Cap C$ 14,862,000
Recent Sedar+ Documents

Globe says Citi, rivals see Trump hesitate on Hassett

2026-01-19 06:56 ET - In the News

See In the News (C-CITI) Citigroup CDR (CAD Hedged)

The Globe and Mail reports in its Saturday edition that on Friday President Donald Trump showed hesitation naming Kevin Hassett to lead the Federal Reserve, adding another twist to finding a replacement for Jerome Powell. A New York Times dispatch to The Globe reports that Mr. Hassett is considered to be a front-runner in the search to replace Mr. Powell, a process that was shaken up last week after the Justice Department served the Fed with grand jury subpoenas related to Mr. Powell's management of a renovation of the Fed's headquarters in Washington. After the criminal investigation was revealed, Mr. Powell called out the Trump administration for using the threat of criminal charges to pressure the Fed into lower interest rates. Lawmakers rushed to Mr. Powell's defence last week, including some Republicans. They were joined by every living former Fed chair, global central bankers and Wall Street in denouncing the move. Besides Mr. Hassett, Mr. Trump is also mulling Kevin Warsh, a former Fed governor, and Christopher Waller, a current governor at the Fed. Senator Thom Tillis, a Republican from North Carolina, vowed to oppose the confirmation of any nominee for the Fed "until this legal matter is fully resolved."

© 2026 Canjex Publishing Ltd. All rights reserved.