Fed, Trump and Powell
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Investors await Japan’s trade figures, Singapore’s non-oil domestic exports, as well as Australia’s employment report for June.
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W hat a player President Donald Trump is. Just as he was losing control of the Jeffrey Epstein story, rumors suddenly started circulating out of Trump’s White House that he was poised to fire Jerome Powell, the chair of the Federal Reserve. Cue headlines. Cue furious speculation. Cue Wall Street jitters.
El presidente Donald Trump probablemente despedirá pronto al titular de la Reserva Federal, Jerome Powell, según señaló un funcionario de la Casa Blanca, quien discutió la posible medida en una reunión con republicanos del Congreso el martes por la noche.
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Mid-Day on MSNDonald Trump Makes Scathing Attack on U.S. Fed Chief Jerome Powell; Says He`s Terrible, Total StiffUS President Donald Trump has launched a scathing attack on Federal Reserve Chair Jerome Powell, accusing him of mismanaging a $2.5 billion renovation of the U.S. central bank. In public remarks, Trump mocked Powell’s leadership and highlighted what he claims are repeated failures by economic experts.
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.
Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome Powell on 'The Ingraham Angle.'
Trump calls Epstein scrutiny a "hoax," accuses critics of aiding Democrats, and says he no longer wants their support. Follow Newsweek's live blog.