Trump says he’s ‘highly unlikely’ to fire Fed’s Powell
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Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy in Washington, D.C., U.S., June 18,
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Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.
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CCN on MSNScott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him to resign. Bessent is
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.
In an interview with ABC News, Kevin Hassett was also pressed on the president's decision to hit imports from Brazil with steep tariffs.