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Fed, Trump and Jerome Powell

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.

The New York Times · 23h

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.

Associated Press News on MSN · 2d

How Trump could use a building renovation to oust Fed Chair Powell

President Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project.

Behind Trump's move to back off Powell

The New York Times · 17h

Trump’s War With Powell Throws a Little-Known Planning Board Into Scrutiny

The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, the chair of the Federal Reserve.

POLITICO on MSN · 1d

Behind Trump's move to back off Powell: Lawyers warned against it.

Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.

CNN · 1d

3 ways Trump trying to fire Powell could backfire

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.

2hon MSN

An attempt by Trump to fire Powell would face major legal challenge

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

Raw Story on MSN2h

GOP split as Trump toys with firing Fed chair Powell, sparking chaos, fears

As Donald Trump openly toys with firing Federal Reserve Chair Jerome Powell — despite having appointed him — Republicans and Democrats are sharply divided over whether the president has the authority ...

2don MSN

Private equity billionaire David Rubenstein on Jerome Powell: He's done a very good job

In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...

2don MSN

Trump reportedly drafts firing letter to Powell

TheStreet. In a sudden turn of events, President Donald Trump said he was "not planning on doing anything" to get rid of ...

8don MSN

Why Powell is ignoring Trump’s push to quickly slash interest rates

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed ...

Cheddar News1d

Big Business This Week: Wall Street cautions against firing Powell

Wall Street cautions against firing Powell, Nvidia's geopolitical balancing act pays off, and banks score an 'A' from ...

CCN on MSN3d

Scott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?

Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...

Cryptopolitan on MSN5d

Hasset says firing Powell could be justified if there’s cause

His comments follow President Donald Trump’s intensified criticism of Federal Reserve Chairman Jerome Powell, accusing him of ...

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