Jerome Powell, Fed and Trump
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President Donald Trump pushed back on a report from over the weekend that revealed Treasury Secretary Scott Bessent listed the reasons against firing Federal Reserve Chairman Jerome Powell to the president in a private conversation,
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
On Wednesday morning, as markets worldwide shuddered on news that President Donald Trump was likely to fire Jerome Powell, James van Geelen at Citrini Research wasted no time in blasting a “macro trade” alert to his some 50,
Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.
If President Donald Trump takes the unprecedented step of trying to fire Fed Chairman Jerome Powell, the effort would roil markets and likely be met with pushback in the courts. Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Cleveland-Cliffs CEO Lourenco Goncalves said the steelmaker is starting to see the positive impact of President Donald Trump’s tariffs on domestic manufacturing, as it expects increased demand from U.
Trump urged Senate Majority Leader John Thune to cancel the August congressional recess to allow for the confirmation of his nominees.
Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.