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Trump says 'not planning' fire Fed Chair Powell after reports suggest Powell ouster coming 'soon'
President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve headquarters 'sort of is' a fireable offense, raising new questions about whether he may seek to oust the central bank boss.
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Wednesday's market drama on ...
The Fed's architects said the central bank wanted glass walls, but three Trump appointees felt marble best fit the building's ...
U.S. stock indexes initially tumbled following reports that President Trump might fire Federal Reserve Chair Jerome Powell.
Gold steadied after a volatile session on Wednesday as traders assessed the outlook for Jerome Powell’s tenure as Federal ...
If Trump breaks the long-standing central bank independence, he would make long-term debt holders question the Fed’s ...
Powell’s term as chair is up in May 2026, and Powell has already made it clear he intends to serve in his post until that endpoint. But the president also made it clear that he doesn’t intend ...
The week on Wall Street was turbulent, with the S&P 500 and Nasdaq facing challenges due to Netflix's drop and mixed economic signals. Speculation about Fed Chair Powell's position added to the ...
Trump started the speculation about a possible Powell firing when he said last month on social media that "Powell's termination cannot come fast enough." ...
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