News

What happens if Trump fires Fed Chair Powell: ‘This would be a mess,' analysts warn
Former deputy Treasury Secretary Roger Altman said he did not think Jerome Powell would agree to leave if the president asked ...
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 ...
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 ...
Marketplace5d
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.
Hassett says White House probing Fed renovation costs, authority to fire Powell
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...