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. For now, the ...

Tensions between governments and central banks are common. Governments often prefer low interest rates for economic growth.

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

Some Republican senators are cautioning President Donald Trump against firing U.S. Federal Reserve Chair Jerome Powell, saying it could potentially damage the Fed's independence.

Trump says he’d “love” for Fed Chair Jerome Powell to resign, but firing him could rattle markets. Criticism grows over rate policy, Fed HQ renovation costs.

"I don't rule out anything, but I think it's highly unlikely unless he has to leave for fraud," the US President said.

“I’d love if he wants to resign, that would be up to him. They say it would disrupt the market if I did,” Trump said in the ...

President Trump denied he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move.

The chances of a Fed rate cut in September have spiked, driven by rising uncertainty over Jerome Powell's future. Over the last week, multiple reports ...

Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.