Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and Max Chafkin discuss on The 11th Hour.

Former Federal Reserve governor Kevin Warsh said he believes the next Fed chair will maintain the central bank's independence from political pressure, even under the Trump administration. Warsh was as

President Trump's search for a new Federal Reserve chair could drastically alter interest rates affecting mortgages and savings.

In an Oval Office meeting, President Trump said it was “highly unlikely” he would fire Federal Reserve Chairman Jerome Powell despite reports he told GOP lawmakers that he would likely do it soon. NBC News Correspondents Kelly O’Donnell and Christine Romans report more.

Bond powerhouse Pimco hasn’t adjusted its positions in light of Trump’s threats to push Powell out, even with the potential for dramatic moves in Treasurys if it were to happen, according to people close to the situation.

President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor call dangerous.