News

Trump backs further away from firing Powell: ‘He's going to be out pretty soon anyway'
The president has accused Powell of being political and nicknamed him “too late” when it came time to adjusting interest ...
Trump reiterates Powell criticism, Bessent calls for rate cuts
President Trump has reiterated his criticism of Federal Reserve Chairman Jerome Powell at a White House event. Market ...
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.
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, ...
No urgency to replace Fed Chair Powell, Treasury Sec Bessent says
US Treasury Secretary Scott Bessent said on Wednesday that the administration is not in a hurry to identify a successor for ...
Trump declines to say Powell should quit. 'He's going to be out pretty soon anyway.'
President Donald Trump kept up his criticism of Federal Reserve Chair Jerome Powell Tuesday but stopped short of saying he should resign. Asked during an Oval Office appearance with Philippine ...
Bessent backs Fed independence on rates amid Trump criticism
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
Trump’s housing chief rips Powell for blowing millions on Fed facelift during housing crisis he perpetuates
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
Hosted on MSN3mon
Trump's Criticism of Powell Is Shaking Markets' Faith In Fed's ... - MSN
Despite his criticisms, Trump ultimately opted against removing Powell and thus avoided any legal fights that could ensue. Former President Joe Biden reappointed Powell as Fed chair for a term ...