Trump to visit Fed on Thu., ramping up pressure on Powell
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In June, the ECB lowered its key deposit rate in for an the eighth consecutive quarter-point reduction. President Donald Trump thinks the Fed should follow suit.
Did Jerome Powell write a July 22, 2025, letter informing President Donald Trump of his resignation as Chairman of the Federal Reserve? No, that's not true: A widely-shared screenshot of such a letter was in fact a fake,
U.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell and more on ‘The Ingraham Angle.’
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.
The Federal Reserve declined to comment on El-Erian’s remarks. Powell has said repeatedly he intends to serve out his term as chair, which ends in May. He would be entitled to stay on the board afterward, though he has declined to address whether he will do so.
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Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and in communications with the Office of Management and Budget.
In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy or news, as expected. Powell’s brief prepared remarks gave no monetary-policy hints and,
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Mike Lee, a Utah MAGA loyalist, posted and then deleted a tweet celebrating Powell’s supposed resignation on Tuesday with a copy of the fake letter
Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big banks. But he doesn't think Fed Chair Jerome Powell should step down immediately.
Bond traders are boosting bets that the Federal Reserve will cut interest rates more aggressively next year, as speculation mounts that an eventual change of leadership at the central bank will deliver the easier monetary policy that President Donald Trump is demanding.