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

Powell dismisses Trump firing talk

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell says he wouldn’t step down if Trump asked Federal Reserve Chair Jerome ...

Politics - The Hill - 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 ...

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

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

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.

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.

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 sends one crystal clear message to Trump: Firing me is ‘not permitted under the law’

When questioned if he would leave his post if asked by Trump, he answered simply, “No.”

Business - MarketWatch - November 7

A presidential pardon for Trump is a very bad idea

Even if Harris were to pardon Trump, it’s hard to imagine it accomplishing the national healing that such “amnesty” pardons are designed to promote.

Politics - The Hill - October 30

Lammy dismisses past criticism of Trump as 'old news'

The foreign secretary previously called Trump a "tyrant" and "xenophobic" when he was a backbench MP.

Scarborough dismisses Trump meeting backlash: 'Massive disconnect'

Joe Scarborough, host of MSNBC’s “Morning Joe,” brushed aside blistering criticism he and his co-host and wife, Mika Brzezinski, are facing for a meeting they had with President-elect Trump late ...

Politics - The Hill - 3 days ago

GOP senators deride idea of replacing FBI background checks for Trump nominees

Senate Republicans are rejecting a proposal floated by some advisers to President-elect Trump to take the job of conducting background checks for high-level nominees away from the FBI and give it ...

Politics - The Hill - 4 days ago

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, 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 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, 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 - 6 days ago

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 - 19 hours ago

Bears fire offensive coordinator Shane Waldron; Thomas Brown to take over play-calling duties, per report

Chicago has made a major change to its coaching staff

Sports - CBS Sports - November 12

Trump asks for dismissal of Jan. 6 case over Jack Smith’s appointment

Attorneys for former President Trump on Thursday asked a judge to toss out his federal election subversion case by arguing that special counsel Jack Smith was unconstitutionally appointed. The new ...

Politics - The Hill - October 24

Trump's lawyers again ask to dismiss federal election interference case

The filing argues that special counsel Jack Smith was illegally appointed and that funding for his office should be cut off.

Trump legal team motions to dismiss Jack Smith election interference case

Former President Donald Trump's defense team has filed a motion to dismiss the federal election interference case against him arguing special counsel Jack Smith's appointment was illegal. CBS News' ...

Lammy dismisses past criticism calling Trump a ‘sociopath’ as ‘old news’

British foreign secretary says many politicians have said ‘pretty ripe things’ about US president-elect. The British foreign secretary, David Lammy, has described his previous remarks about the US ...

World - The Guardian - November 8

Prosecutors in Trump hush money case oppose dismissal, but are OK pausing case

Prosecutors say they oppose Donald Trump’s attempt to dismiss his New York criminal hush money conviction -- but that they do not object to pausing the case.

Manhattan DA opposes Trump’s bid to dismiss hush money conviction

Manhattan prosecutors on Tuesday said they will oppose President-elect Trump’s demand to dismiss his New York criminal conviction following the election, instead floating the judge could freeze the ...

Politics - The Hill - 3 days ago

Trump picks Linda McMahon for education, and says he won’t reconsider Matt Gaetz nomination – live

President-elect picks prominent donor and co-chair of transition team as education secretary; Trump won’t rethink Gaetz for attorney general despite mounting scrutiny. Trump nominates transition ...

World - The Guardian - 3 days ago

Prosecutors plan to fight Trump’s push to dismiss hush-money case

Possible delay of 26 November court date comes as outcome of case left in question following election win. Prosecutors in Donald Trump’s Manhattan criminal hush-money case said in a letter on ...

World - The Guardian - 3 days ago

Manhattan DA says he's against dismissing Trump's "hush money" conviction

Manhattan, New York, District Attorney Alvin Bragg and his team of prosecutors are vowing to oppose any effort to dismiss President-elect Donald Trump's "hush money" conviction and suggesting they ...

Trump calls for hush money dismissal; bids to run out clock on case

President-elect Trump’s attorneys signaled an effort to try to run out the clock on his New York hush money case, asking Judge Juan Merchan for a month to mount a formal effort to dismiss his ...

Politics - The Hill - 2 days ago

Trump lawyers seek dismissal of hush-money case on immunity grounds

Lawyers argue throwing out case necessary to ‘facilitate orderly transition of executive power’ following election. Donald Trump’ s lawyers asked the judge overseeing his Manhattan hush-money ...

World - The Guardian - 2 days ago

Trump demands immediate dismissal of New York "hush money" criminal case

President-elect Donald Trump's criminal conviction should be tossed out because he was elected president, his lawyers say.

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