Fed, Trump and Jerome Powell
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White House, Fed chair and Powell
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A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
Republican Florida Rep. Anna Paulina Luna announced Thursday on X that she is officially referring Federal Reserve Chairman Jerome Powell
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
The freewheeling style of Bill Pulte, the head of mortgage giants Fannie Mae and Freddie Mac—and known to some as “Little Trump”—is landing the wrong way with some industry and administration officials.
Stock futures were mostly higher early Thursday as the market continued to shake off fears that President Donald Trump could fire Federal Reserve Chair Jerome Powell. Futures on the Dow Jones Industrial Average slipped 31 points,
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.
Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.