News

Trump suggests Fed renovations could be fireable offense for Powell
President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire ...
Jamie Dimon touts Fed independence as Trump ponders replacing Jerome Powell
JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House ...
Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over ...
Trump won’t fire Powell as Fed chair, says Treasury chief Bessent
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome ...
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's ...
Trump suggests Jerome Powell’s handling of Fed renovations could be fireable offense
President Trump on Tuesday suggested Federal Reserve Chair Jerome Powell’s handling of renovations to the central bank’s ...
Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'
President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...
The Financial Express1h
US Treasury Secretary Bessent suggests Powell should leave Fed board in May, calls it ‘tradition, formal process’
However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...
Investors seek protection from risk of Fed chief's ouster
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to ...
Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Asia shares struggle, dollar soars on lowered Fed rate cut bets
Asian stock markets were under pressure on Wednesday while the dollar climbed to its firmest against the yen since early ...
Trump compares talking to Powell to 'talking to a chair' while touting his own economic predictions
Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over interest rate decisions and previewing upcoming trade deals.