Latest in Fed Chair Jerome Powell says he won't resign if Trump tries to remove him
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Fed Chair Jerome Powell says he won't resign if Trump tries to remove him
Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch ...Top stories - CBS News - November 8 -
Fed Chair Powell says he won't resign if 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.Top stories - CBS News - November 7 -
Fed Chair says he won't resign if Trump asks him to
Fed Chair Jay Powell said Thursday that he would not resign if president-elect Donald Trump asked him to.Top stories - NBC News - November 7 -
Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7 -
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.Business - The New York Times - November 14 -
Powell says he won't resign for Trump, can't be fired
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would step down if asked to do so by President-elect Trump. “No,” said Powell, ...Politics - The Hill - November 7 -
Powell says he would not resign as Fed chief if Trump asked for his resignation
When asked whether he would resign if asked by Trump, the Fed chair simply said: "No."Business - CNBC - November 7 -
Fed chair says Trump can't remove him. Could Trump still influence interest rates?
The standoff carries high stakes for the U.S. economy, experts said.Top stories - ABC News - November 8 -
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in 2018.Top stories - The New York Times - November 7 -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - November 7 -
Trump is not expected to try to fire Fed Chair Powell
Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.Business - MarketWatch - November 7 -
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...Politics - The Hill - November 7 -
Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.Business - The New York Times - November 8 -
Powell: Fed won't 'speculate' about Trump's impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...Politics - The Hill - November 7 -
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.Business - CNBC - November 8 -
Trump and Fed Chair Powell could be set on a collision course over interest rates
Though Powell became Fed chair in 2018, after Trump nominated him for the position, the two clashed often about the direction of interest rates.Business - CNBC - 9 hours ago -
Harris and Trump command the market’s attention — but Jerome Powell may steal the spotlight
Investors are anxious about the possibility that it could take days, or even weeks, for the results of this week’s presidential and congressional races to be known. But Tuesday’s vote is hardly the ...Business - MarketWatch - November 3 -
What Trump’s Win Means for the Federal Reserve and Jerome Powell
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?Business - The New York Times - November 7 -
Fed Chair Powell: Election will have 'no effects' on policy decisions
Federal Reserve Chair Jerome Powell said the presidential election will have “no effects” on policy decisions. The fed cut key interest rates a quarter point.Top stories - NBC News - November 7 -
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.Business - CNBC - November 14 -
Powell says Fed in no ‘hurry’ to lower interest rates further
Central bank chair warns path to a reduction in inflation will be ‘bumpy’Business - Financial Times - November 14 -
Scaramucci says he thinks Trump will lose, won't try to foment insurrection
Anthony Scaramucci, who briefly served as White House communications director under former President Trump, said Wednesday he expects Trump to lose the presidential election but does not expect him ...Politics - The Hill - October 24 -
Paulson says he won't serve in new Trump administration
Billionaire investor John Paulson said Tuesday he will not serve in President-elect Trump’s new administration amid speculation that he could be tapped to serve as Treasury secretary. “Although ...Politics - The Hill - November 12 -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - November 14 -
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.Business - CNBC - November 14 -
Trump: Advisers told him not to say he would be ‘protector’ of women
Former President Trump said Wednesday that his advisers had counseled him against describing himself as a "protector" for women, a phrase he used in late September as he sought to make up ground ...Politics - The Hill - October 31 -
Trump, Jay Powell and a Potential Fight over the Fed’s Future
As Trump allies including Elon Musk endorse ending the Federal Reserve’s independence, the central bank’s chair is reportedly ready to go to court to fight back.Business - The New York Times - November 11 -
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.Business - MarketWatch - 5 days ago -
After Trump win, RFK Jr. says he won't 'take away anybody's vaccines'
WEST PALM BEACH, Fla. — Robert F. Kennedy Jr., who may play a key role overseeing public health issues in a second Trump administration, said Wednesday that he won't take away people's vaccines.Politics - NBC News - November 6 -
RFK Jr. says he won't 'take away anybody’s vaccines' after Trump win
Former presidential candidate Robert F. Kennedy Jr. said he won’t take away vaccines from people when President-elect Trump takes office in January. Kennedy, who is expected to serve in a second ...Politics - The Hill - November 6 -
Trump says he won't sell DJT stock and calls for probe into short sellers
Donald Trump reiterated he doesn't intend to sell his stock in Trump Media, and called for an investigation into short sellers.Top stories - CBS News - November 8 -
Ben Carson says he won't be surgeon general, is meeting with Trump soon to discuss future
Ben Carson said he will not be serving as surgeon general during President-elect Trump’s second term, dispelling reports that he was being considered for a top health role. Carson, a retired ...Politics - The Hill - 2 days ago -
10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates
The 10-year Treasury yield inched higher on Friday as investors digested Federal Reserve Chair Jerome Powell's latest comments and await further economic data.Business - CNBC - 6 days ago