Trump, Powell and Federal Reserve
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President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican lawmakers he would likely be nixing the Fed chair soon.
President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his frustration, Fed Chairman Jerome Powell. Natasha Sarin discusses the potential impact of Trump firing Powell and the importance of keeping the Federal Reserve nonpartisan.
President Donald Trump may be turning up the heat on the Federal Reserve, but he won’t dare pull the trigger on Chair Jerome Powell’s job because the market
Nobody else in your inner circle is going to tell you the truth for fear of recrimination. But I would pivot if I were in your shoes, sir
4don MSNOpinion
It’s just six months into President Trump’s second term, and speculation is swirling about the fate of his Federal Reserve chairman, Jerome Powell. Headlines pulse with the drama of his impending firing, and pundits are debating the consequences — as if such an act were merely a question of presidential will.
The Wall Street Journal, owned by Rupert Murdoch’s News Corp, has published a biting editorial attacking President Donald Trump after his threat to fire Federal Reserve Chair Jerome Powell. On Wednesday, in his latest attack on the Fed chief, Trump complained that Powell was doing a “lousy job” and not doing enough to lower interest rates.
WSJ’s Meridith McGraw breaks down the awkward exchange between President Trump and Fed Chair Jerome Powell, following weeks of Trump steadily badgering the Fed leader. Photo: Kent Nishimura/Reuters