News

Markets could freak out if Trump tries to fire Powell
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
Treasury secretary says work has begun on finding Fed Chair Powell’s successor
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...
Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports
U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project ...
Trump says it’s ‘highly unlikely’ he’ll fire Powell after suggesting otherwise in meeting with lawmakers
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after ...
Jerome Powell asks for probe into Federal Reserve’s $2.5B HQ renovation
The Trump administration has used the pricey project as a means to attack Federal Reserve chair Jerome Powell.
JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’
National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair ...
Marketplace4d
September Fed rate cut is not a sure thing, despite market behavior
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.