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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.
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.
Trump 2.0 complicates Jay Powell's rate path at the Fed
Jerome Powell made it very clear last week that he didn’t think Donald Trump had the power to fire him, even if he wanted to. But there was one aspect of Trump’s return to the White House that he was willing to leave as a mystery: How Trump’s proposed economic policies might affect the Fed’s expectations for a series of additional rate cuts in 2025.
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 says he would not resign as Fed chief if Trump asked for his resignation
Federal Reserve Chairman Jerome Powell said Thursday that he will not step down if President-elect Donald Trump asks for his resignation. When asked whether he would resign if requested to by Trump, the Fed chair simply said: "No." Powell subsequently told reporters that the president does not have the power to fire or demote him.
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.
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.
The Real Reason Trump Won’t Try To Fire Jay Powell
Federal Reserve Chair Jerome Powell went viral on Thursday for his succinct answer to my question about whether he’d leave if President-elect Donald Trump asked him to. His reply: “No.” It was a strikingly confident response in a volatile political moment.
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?
1d
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 ...
1d
Trump Vs. Powell: Dec. 18 Fed Meeting Sets Stage For New Tensions
Investors prepare for potential fireworks as Trump vs. Powell sequel may unfold at Fed's final 2024 meeting. Will Trump's 2nd ...
AOL
2d
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
During his first term as president, Trump appointed
Powell
as
Fed
chair in 2018, but later clashed with
Powell
as the ...
6d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman Jerome
Powell
said the U.S. economy is in very good condition, but "people are still feeling the effects of ...
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 ...
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