Fed, Trump and Powell
Digest more
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.
2don MSN
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington,
President Trump expressed a desire to see Federal Reserve Chair Jerome Powell resign, indicating that directly removing him could disrupt markets. The comments were made in an interview with the Real America's Voice network,
Carlyle co-founder and the owner of the Baltimore Orioles, David Rubenstein, defended the job under beleaguered Federal Reserve Chairman Jerome Powell.
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
Federal Reserve Chair Jerome Powell defended the costs of renovation at the central bank's Washington campus, citing essential safety upgrades. The project has been criticized by the Trump administration as excessively expensive.
Polymarket traders have raised the likelihood of Fed Chair Jerome Powell's departure after Rep. Luna's cryptic post and top officials' statements.
Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ renovation and resisted rate cuts.
Feedback