Trump’s War with Jerome Powell and Fed Is Far from Over
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For months, President Donald Trump has been threatening to fire Powell, primarily because the president thinks that short term interest rates, which currently stand at 4.25 to 4.50 percent, are too high. Every time the president flirts with unseating Powell, he has pulled back, but could he actually do it?
Amid an escalating campaign by the Trump administration against Federal Reserve Chair Powell, an AI-generated letter made its rounds online.
On 'Will Cain Show' Charlie Gasparino criticized Jerome Powell as Federal Reserve Chairman: LAWRENCE JONES: And there we have it, the president of the United States with the Fed chair right there in his element.
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and in communications with the Office of Management and Budget.
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest escalation in GOP scrutiny of the central bank’s spending and leadership.
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy,
A heated on-site clash between President Trump and Fed Chair Powell over renovation costs sparks viral memes and rattles crypto markets, with Bitcoin sliding nearly 4%.