Trump, Powell
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Treasury Secretary Scott Bessent on Wednesday insisted that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but suggested that the pressure on the Fed to lower interest
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
The Wall Street Journal, owned by Rupert Murdoch’s News Corp, has published a biting editorial attacking President Donald Trump after his threat to fire Federal Reserve Chair Jerome Powell. On Wednesday, in his latest attack on the Fed chief, Trump complained that Powell was doing a “lousy job” and not doing enough to lower interest rates.
President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his frustration, Fed Chairman Jerome Powell. Natasha Sarin discusses the potential impact of Trump firing Powell and the importance of keeping the Federal Reserve nonpartisan.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome Powell.
President Donald Trump's potential attempt to dismiss Federal Reserve Chair Jerome Powell could rattle U.S. financial markets and undermine central bank independence, investment strategists warn ...