Jerome Powell

Trump official criticizes Fed chief Jerome Powell for “ostentatious” office renovations, as Trump takes aim over interest rates

by
Trump official criticizes Fed chief Jerome Powell for “ostentatious” office renovations, as Trump takes aim over interest rates

A top Trump administration official accused Federal Reserve Chair Jerome Powell of leading an “ostentatious” office renovation project that may be “violating the law,” a new broadside against the central bank chief as President Trump tangles with him over interest rates.  “The President is extremely troubled by your management of the Federal Reserve System,” Office … Read more

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?

by
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?

President Trump asked about the idea of firing Federal Reserve Chair Jerome Powell in a meeting with lawmakers this week, CBS News has reported, a legally untested move that follows years of on-and-off criticism of the Fed leader leveled by Mr. Trump. The president’s gripes with his handpicked Fed chair — whom he has called … Read more

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell, sources say

by
Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell, sources say

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval, according to multiple sources with direct knowledge. Several said Mr. Trump indicated he will do it.  Mr. Trump made the comments to the Republican House members … Read more

Analyst warns removing Fed Chair would be ‘nuclear event’ for markets

by
Analyst warns removing Fed Chair would be ‘nuclear event’ for markets

Analyst warns removing Fed Chair would be ‘nuclear event’ for markets originally appeared on TheStreet. Bitcoin passed $120,000 this week, surpassing the market capitalization of Amazon, making Bitcoin’s market cap the fifth largest in the world. At the same time, nearly $4 billion has flown into crypto investment products, and altcoins have picked up momentum. … Read more

×