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Trump says he has 'no intention' of firing Fed Chair Powell
President Donald Trump said he has "no intention" of firing Federal Reserve Chair Jerome Powell before his term leading the central bank expires next year.
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Trump says he has 'no intention' of firing Fed Chair Powell
President Donald Trump said he has "no intention" of firing Federal Reserve Chair Jerome Powell before his term leading the central bank expires next year.
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Even fellow critics of the Federal Reserve want Trump to back off Powell as stocks and the dollar both slide - NewsBreak
When politics interferes with the central bank’s ability to set monetary policy, inflation tends to be the result.
Almost every GOP critique of Powell hiking too late omits that there was a freakin global pandemic and the Fed eventually cranked up rates to 5.3% and kept them there for a year. Doesn’t seem like much political favoritism to me. Biden economy still did well. www.reuters.com/world/us/tru...
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NEW: Judge Xinis largely rejects DOJ's opposition to discovery requests in the Abrego Garcia case, accusing the Trump admin of "a willful and bad faith refusal to comply with discovery obligations," citing their continued denial to acknowledge what the Supreme Court ordered.
One small victory where we can heave a sigh of relief--at least for the moment. BREAKING NEWS: Trump says he has 'no intention' of firing Fed Chair Powell www.cnbc.com/2025/04/22/t...
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