News

Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky
President Donald Trump has signaled he’s already looking to replace Federal Reserve Chair Jerome Powell far earlier than usual. Here’s how a so-called ‘shadow’ Fed would work, and why it could cause ...
Dow futures sink as Trump keeps pushing tariffs while White House suggests Powell’s job could be at risk
After Wall Street previously downplayed risks from President Donald Trump's trade war, investors are starting to take his ...
White House defends tariffs on Brazil despite trade surplus
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
Warsh Calls for 'Regime Change' at Fed
Former Fed Gov. Kevin Warsh, considered to be a top contender to succeed Fed Chair Jerome Powell, said the central bank needs ...
Economist explains why Trump threatening to fire Fed chair Jerome Powell is counterproductive.
MSNBC's Alex Witt spoke with Lael Brainard, former director of the National Economic Council under President Biden and ...
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
Monetary policy at the world’s most important central bank could hinge on an argument over building renovation specs
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...
Hassett Says White House Probing Fed Renovation Costs, Authority to Fire Powell
U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that ...
GOP Rep. French Hill says he does not believe Trump can fire Fed chair Jerome Powell
Rep. French Hill, chairman of the House Financial Services Committee, told "Face the Nation with Margaret Brennan" that he doesn't believe President Trump can fire Fed chair Jerome Powell as the White ...
From tariffs to universities, Trump’s negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
Can Jay Powell Make It Through the Weekend?
Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.
Navarro touts ‘Trumpnomics’ in rant against Powell, Federal Reserve
White House senior trade adviser Peter Navarro touted “Trumpnomics” in a recent interview during a rant against Jerome Powell, slamming the Federal Reserve chair as a “pure partisan” actor who, in ...