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President Donald Trump indicated he is likely to fire Federal Reserve Chairman Jerome Powell, raising the prospect of a major legal battle.
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald ...
Reports of Trump firing Fed Chair Powell caused major indexes to fall midday Wednesday, but losses were pared as Trump backed off.
The market reaction was muted following earlier reports of the president taking steps against the Fed chair soon in a ...
Lately, some of Trump's allies in Congress have been pushing for him to fire Powell for cause - claiming that Powell mismanaged a costly renovation of the Fed's headquarters, then lied about it during ...
The New York Times said Trump waved a draft letter firing Powell at an Oval Office meeting late Tuesday. Trump had gathered a ...
President Donald Trump said Wednesday that he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, a public ...
President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to ...
The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to ...