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Fed, Powell and Donald Trump
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Fed's Powell staying put even if Trump has another idea
Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Reporters asked Jerome Powell whether he'd resign if President-elect Donald Trump asked him to.Powell responded with one word: "No."Trump has been critical of Powell, but a president can't legally fire a Fed official without cause.
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
Powell and the Fed won't be able to avoid talking about Trump forever
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
Trump is likely to allow Fed chair to stay. Powell said he can’t be fired anyway
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump requesting anonymity to describe private conversations.
Trump says Biden isn’t in charge. Sidney Powell says neither was Trump.
Powell’s statement to prosecutors paints a picture of a president who wasn’t actually in charge — that Pat Cipollone ”was running the show more than Trump was.”
Could Trump appoint a 'shadow Fed chair' to rival Powell?
Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but could Trump appoint a “shadow” Fed chair to sideline Powell?
Fed Chair Powell Clearly Tells Trump He's Not Leaving, Dudley Says
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, says Federal Reserve Chair Jerome Powell made it clear to President-elect Donald Trump that he intends to serve out the rest of his term.
More Inflation Data, Disney Earnings, Powell Speech
Dow Jones Today: Stock Futures Inch Higher Ahead of Economic Data, Comments from Fed Chair Powell; Disney Soars After Earnings
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors awaiting important economic data releases and a speech by Federal Reserve Chair Jerome Powell.
Dow Jones Futures Rise After Inflation Data, Powell Speech Looms; Disney Surges On Earnings
The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on earnings.
More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.
The Boston Globe
16h
Trump, the Fed, and an almost inevitable showdown over interest rates
At least for now. Trump, who appointed
Powell
as
Fed
chair, weighed firing him in a disagreement over interest rates in ...
2d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
6d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
Business Insider
1h
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Investors will tune into
Fed
Chair Jerome
Powell
's remarks at 3 p.m. ET Thursday. His comment will follow the
Fed
's 25 ...
1d
on MSN
Goldman Sachs' Robert Kaplan: Independent Fed is critical & Powell should be allowed to finish term
Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Power Lunch' to discuss whether ...
New York Sun
1d
The Revolt at the Fed
In an absolutely extraordinary moment the central bank’s governors vow to re-elect Jerome Powell chairman of our central bank ...
NBC Montana
2d
New administration brings unknowns to Fed's path on interest rates
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
Barron's on MSN
6d
The Fed Could Slow the Pace of Rate Cuts Next Year, Powell Suggests
After delivering back-to-back interest rate cuts this fall, the Federal Reserve is on a cautious, data-dependent path.
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