Donald Trump, Fed and Jerome Powell
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Trump urged Senate Majority Leader John Thune to cancel the August congressional recess to allow for the confirmation of his nominees.
President Donald Trump wants the Federal Reserve to slash interest rates by three percentage points, a massive cut that could push borrowing costs back to pandemic lows. With two seats at the Fed likely opening up soon,
4hon MSN
Donald Trump has refuted a Wall Street Journal report. The report claimed Scott Bessent tried to stop him from firing Jerome Powell. Trump called the story untrue on Truth Social. He also asserted his understanding of market dynamics.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
Economist Peter Schiff is calling out President Donald Trump’s blatant hypocrisy on the Federal Reserve’s interest rate policy, saying that his demands and behaviors mirror what he had himself condemned in the past.
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'"
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.
Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it.
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates.