Trump, Powell and Fed
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La., says if President Trump fired Federal Reserve Chair Jerome Powell, "it would crash the stock market, and it would crash the bond market, and it would cause interest rates to rise." Trump bashed Powell during a bilateral meeting with the crown prince of Bahrain.
‘We should see a change at the Federal Reserve,’ says House Republican as Trump weighs firing Powell
Rep. Nicole Malliotakis (R-N.Y.) joins Meet the Press NOW to discuss how Republicans plan to sell the president’s domestic policy legislation. Rep. Malliotakis also reacts to President Trump’s latest comments about Federal Reserve Chair Jerome Powell and House Speaker Mike Johnson’s call for transparency on the Jeffery Epstein files.
Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi-front push.
President Trump said it was "highly unlikely" he would fire Jerome Powell, but also said he discussed the idea with Republican lawmakers who expressed support.
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WRIC ABC 8News on MSNHow the White House is broadening its pressure campaign on Fed chief Jerome PowellThe Fed has long maintained independence from the White House to avoid political pressures influencing monetary policy.
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CCN on MSNScott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him to resign. Bessent is
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.