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Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
Trump has attacked Powell over the Fed’s decision to not lower interest rates, but recently said he has no intention of trying to fire Powell.
President Donald Trump slammed Federal Reserve Chair Jerome Powell, saying his "termination cannot come fast enough!" a day after Powell warned about the impact of Trump's tariffs. “I’m not ...
Topline The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to ...
President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any ...
As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he ...
Trump’s anger was sparked by remarks Powell made Wednesday, when the Fed chair highlighted concerns about the impact of the administration’s tariffs.
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Jerome Powell addressed graduates on Sunday at Princeton University, his alma mater. Powell told the graduates he didn't major in economics in college because he found it "boring." After Princeton ...
Federal Reserve Chair Jerome Powell, in a Princeton speech, defends the central bank’s response to the COVID-19 crisis and praises government workers and U.S. universities, both targets of Trump.
U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before changing interest rates, but cautioned that President Donald Trump's ...
President Donald Trump on Thursday ratcheted up his criticism against Federal Reserve Chair Jerome Powell, calling for his “termination” for not cutting interest rates quickly enough. His ...