News

Dollar Weakens After Reports Trump Could Move to Oust Powell
The dollar lost value following news that President Trump told lawmakers he will likely try to oust Federal Reserve Chair ...
Trump says firing Powell is 'highly unlikely' but won't rule out anything
President Trump was asked about his continued criticism of Fed Chair Jerome Powell and urged him to lower interest rates. The president said firing Powell was "highly unlikely" but he wouldn't rule ...
Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...
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Scott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?
Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...
Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...
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 on the president's decision to hit imports from Brazil with ...
White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...