News

Republican senators caution Trump against firing Fed chair Jerome Powell
House Financial Services Committee chair French Hill has underscored that presidents don’t have the authority to fire the Fed ...
Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...
How the White House is broadening its pressure campaign on Fed chief Jerome Powell
President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...
Can Trump fire Jerome Powell? What to know about the Fed chair Trump nominated
President Donald Trump denied reports he was planning to fire Jerome Powell. Can he even do that legally? Who nominated the Fed chair? What to know.
Here’s Why It’s Not Easy to Fire Jerome Powell
US President Donald Trump is stepping up pressure on Federal Reserve Chair Jerome Powell, with a White House official saying he discussed firing the central bank chief in a meetin ...