Trump, federal reserve and Jerome Powell
Digest more
President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against the central banker.
Markets will "crash" if President Donald Trump fires Federal Reserve Chairman Jerome Powell, Sen. Elizabeth Warren, D-Mass., warned. The Senate Banking Committee's ranking member contended that Trump's relentless attacks risk undermining the independence of the Fed.
1d
Mediaite on MSNClip of Trump Praising Fed Chair Powell’s ‘Good Judgement’ Goes Viral Amid President’s Vicious AttacksIn a resurfaced clip from 2017, President Donald Trump sang the praises of Federal Reserve Chair Jerome Powell when he first nominated him. The post Clip of Trump Praising Fed Chair Powell’s ‘Good Judgement’ Goes Viral Amid President’s Vicious Attacks first appeared on Mediaite.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
A dramatic day on Wednesday ended with Wall Street in the green and the dollar and short-dated Treasury yields lower, although off their earlier extremes, after President Donald Trump denied reports he will soon fire Fed Chair Jerome Powell.
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations
White House officials accuse Federal Reserve chair Jerome Powell of mismanaging its building renovations, which cost $700 million more than expected. Office of Management and Budget Director Russell Vought sent Powell a letter taking issue with the cost overruns and certain statements from a Senate hearing last month.
Stock market volatility after Trump criticises Federal Reserve Chairman