Latest in Fed Chair Powell says he won't resign if Trump asks him to step down
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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 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 -
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 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 -
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 -
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 -
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 -
FCC chair to step down on Trump's inauguration
Federal Communications Commission (FCC) Chair Jessica Rosenworcel announced Wednesday she will depart the regulatory agency on Inauguration Day when President-elect Trump returns to the White ...Politics - The Hill - 2 days ago -
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 -
The irony of inflation politics (or why Trump should be nice to Fed Chair Powell)
Only in the crazy, confused world of Washington politics could the Democrats be pointing their fingers of blame at anyone but the federal policymaker who bears much responsibility for their loss: ...Politics - The Hill - Yesterday -
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 -
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 - 2 days ago -
Justin Welby to quit as archbishop of Canterbury over handling of abuse scandal
Leader of Church of England had faced pressure since damning report on cover-up of John Smyth’s abuse. The archbishop of Canterbury is to step down amid intense pressure over his handling of one of ...World - The Guardian - November 12 -
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 -
Gary Gensler to step down as SEC chair in January
Regulator had pushed through a blizzard of new rules during his tenureBusiness - Financial Times - 2 days ago -
SEC Chair Gary Gensler will step down Jan. 20, make way for Trump replacement
President-elect Donald Trump has not announced his pick, but the expectation is that the next chair will be friendlier to Wall Street and cryptocurrencies.Business - CNBC - 2 days ago -
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
Securities and Exchange Commission Chair Gary Gensler will resign on Jan.Top stories - NBC News - 2 days ago -
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 -
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 -
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 -
Texas Democratic Party Chair to step down after brutal defeats
In the aftermath of his party’s brutal shellacking in the 2024 elections, Texas Democratic Party chair Gilberto Hinojosa has announced he will step down in March. Over his 12-year tenure, Hinojosa ...Politics - The Hill - November 8 -
Gary Gensler to step down as SEC chair, in a move that has crypto bulls ‘glad’
Crypto bulls have been cheering after U.S. Securities and Exchange Commission Chair Gary Gensler announced he will leave his post on Jan. 20, exiting the Wall Street watchdog as President-elect ...Business - MarketWatch - 2 days ago -
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Rams' Puka Nacua says he won't back down from physical play against Dolphins
Will Rams quarterback Matthew Stafford finally have receivers Cooper Kupp, Puka Nacua and Demarcus Robinson all in the lineup against the Dolphins on Monday?Sports - Yahoo Sports - November 9 -
Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome Powell's term expires.Business - CNBC - Yesterday -
Sen. Bernie Sanders says he doesn't support urging Justice Sonia Sotomayor to step down
Sen. Bernie Sanders, I-Vt., on Sunday defended keeping Justice Sonia Sotomayor on the Supreme Court, after some Democrats have reportedly considered pressuring her to step down while President Joe ...Top stories - NBC News - November 10 -
Bernie Sanders says he doesn’t support urging Justice Sotomayor to step down
Sen. Bernie Sanders (I-Vt.) on Meet the Press says he doesn’t support urging Justice Sonia Sotomayor, who is 70, to step down from her post while President Joe Biden can nominate a liberal ...Top stories - NBC News - November 10 -
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 -
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