Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon shock' that could shake global confidence.

Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious."

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell,

President Trump has signaled he is looking to name a replacement for Federal Reserve Chair Jerome Powell far earlier than usual—in a bid to undermine him. Here's how the "shadow chair" gambit could work,

Powell has been repeatedly criticized by the president over the U.S. central bank’s resistance to cut interest rates despite Trump’s demands to do so. In an interview with ABC’s “This Week,” Hassett was asked if the president has the authority to order Powell’s removal.