White House probe fuels speculation Trump could oust Powell
Digest more
Trump slams Fed chair Powell
Digest more
It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.
The debate over how and when the tariffs will affect prices has divided central bank policymakers over the trajectory for interest rates.
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under unprecedented scrutiny.
Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the US economy remains on firm footing but warned of lingering inflationary pressures stemming from tariffs — signaling that the central bank is in no rush to adjust interest rates.
President Trump is laying the groundwork to replace Federal Reserve Chair Jerome Powell as soon as he can. With less than a year left in Powell’s term, Trump is eager to usher him toward the door
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.
Legally, the answer is complicated and untested. No Fed chair has ever been removed by a President.
President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets growing ...