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 - 7 hours ago

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 - Yesterday

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.

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 ...

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 - 22 hours ago

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.

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.

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 - Yesterday

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 - Yesterday

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 - 1 hour ago

Fed's Powell says Trump can't fire him; `Not permitted under the law'

Politics - Politico - Yesterday

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.

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 - 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.

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 - 21 hours ago

Under Trump, Tech Giants Like Apple and Meta Face a Familiar Uncertainty

Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.

Business - The New York Times - Yesterday

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - Yesterday

Trump Faced Tough Questions From Hispanic Voters

Also, the Supreme Court suggested that U.S. water regulations are too vague. Here’s the latest at the end of Wednesday.

Top stories - The New York Times - October 16

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 - 23 hours ago

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - Yesterday

Trump's new top team: Some of the names in the frame

Susie Wiles has been appointed chief of staff as the transition team vets other candidates for key roles.

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Maresca: No pressure from Chelsea for top 4 finish

Enzo Maresca has said he is under no pressure from Chelsea to secure Champions League qualification in his first season at the club.

Sports - ESPN - October 29

Europe’s Airlines Dial Up Pressure in Face of Chinese Threat

World - Yahoo News - October 17

NRA faces pressure to suspend CEO after revelation of sadistic cat killing

Rifle association workers wrote letter warning that inaction against Doug Hamlin will ‘destroy’ NRA’s comeback chances. The board of the National Rifle Association ( NRA ) is facing pressure to ...

World - The Guardian - October 17

Trump Faces Tough Questions From Hispanic Voters, but Largely Defends or Dodges

In a town hall that Univision broadcast on Wednesday night, Donald J. Trump did not directly answer many frank questions on climate change, immigration, abortion rights and other topics.

Top stories - The New York Times - October 17

E.P.A. Is Rebounding from Trump Years but Faces Uncertain Future

Perhaps more than any other federal agency, the one responsible for protecting air, water and public health is a target for Donald Trump and his allies.

Top stories - The New York Times - October 29

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 - 5 days ago

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 - Yesterday

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 - Yesterday

Heavy fighting reported from parts of front in eastern Ukraine

World - Yahoo News - 4 days ago

Heavy Rains Hit Spain, Still Reeling From Deadly Flooding

Emergency workers continued the search for victims of last week’s flash floods, while a national debate raged over who was to blame for the catastrophe.

Top stories - The New York Times - 3 days ago

The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut

Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.

Business - Inc. - October 18

Why the stock market can count on another Fed rate cut in December

The trend in short-term rates leading up to the U.S. presidential election usually persists.

Business - MarketWatch - Yesterday

Tropical Storm Rafael forms and is forecast to bring heavy rains to Jamaica before likely hitting Cuba as a hurricane

World - ABC News - 3 days ago

China’s New Heavy Lift Rocket Looks a Whole Lot Like SpaceX’s Starship

The Long March 9 super heavy-lift rocket made an appearance at a major airshow recently—and looks awfully familiar.

Tech - Wired - 3 days ago

Kamala Harris delivers ‘closing argument’ in Washington: ‘It is time for a new generation of leadership’ – live

Tens of thousands of Harris supporters gather as she condemns ‘petty tyrant’ on the grounds where Trump spoke the day of the Capitol riot. Don’t miss important US election coverage. Get our free ...

World - The Guardian - October 30

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