Trump, Jerome Powell and Federal Reserve Chair
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MiBolsilloColombia on MSNGOP senators push back on Powell ouster, warn of market turmoilRepublican senators warned Trump not to fire Fed Chair Jerome Powell, citing risks to market stability and the Fed’s independence.
Federal Reserve chairman Jerome Powell defended his $2.5 billion headquarters renovation project near the National Mall Thursday — insisting that “we take seriously the
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he appointed to the position in 2017. The move followed months of criticism by Trump of Powell,
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.
For about an hour on Wednesday, it seemed as though President Donald Trump would try to fire Federal Reserve Chairman Jerome Powell. Before Trump denied the reports, the yield on the 10-year Treasury note climbed by about 5 basis points,
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.