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 - 2 days 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 - 6 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 - 6 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 - 5 days ago

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 - 5 days ago

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 - 2 days ago

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 - 6 days ago

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 ...

Jeff Bezos, Jay Powell, Serena Williams and More Will Speak at the DealBook Summit

The conference on Dec. 4 will bring together the biggest names in business, politics and culture.

Business - The New York Times - October 29

Harris, Trump clash over future of ObamaCare

Vice President Harris wants to put ObamaCare front and center in the campaign’s final weeks. Abortion has been the primary health issue for much of the campaign, but Harris is reopening Democrats’ ...

Politics - The Hill - October 24

Trump victory casts uncertainty over Ukraine’s future

President-elect Trump’s stunning political comeback, capped by his victory over Vice President Harris this week, has sparked unease over Ukraine’s future and how the incoming Republican ...

Politics - The Hill - November 6

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 - 6 days 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.

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 - 6 days ago

Voters Were Fed Up Over Immigration. They Voted for Trump.

Voters across party lines shifted to the right on immigration. They blamed Biden-Harris for failing to control the chaotic border.

Top stories - The New York Times - November 6

‘A gift to the Kremlin’: uncertainty over Ukraine’s future after Trump victory

Some express fears over US aid for Ukraine while others say the country is already struggling. Ukraine was plunged into gloom and uncertainty after Donald Trump’s victory amid expectations that he ...

World - The Guardian - November 6

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 - 6 days ago

How Trump plans to avoid Senate fights over Cabinet picks

President-elect Donald Trump says he wants the next Senate Republican leader to allow "recess appointments." This would allow the White House to temporarily bypass confirmation votes for high-level ...

What a potential Fed rate cut could mean for the economy

As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...

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 - 6 days 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 - 6 days ago

Tense election fight for Georgia's future in Europe

The ruling Georgian Dream faces electoral opponents who want to revive Georgia's stalled bid to join the EU.

How will the Fed handle Trump?

Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive

Business - Financial Times - Yesterday

Reader reactions to a potential Trump victory

With just hours until polling stations open, the race for the White House is too close to call — but what do people around the world think of a possible second Trump presidency?

World - Financial Times - November 4

Potential Trump Cabinet members, policies

Donald Trump's transition team is focusing on potential Cabinet members for the former president's second term in the White House. The Trump administration may also institute quick policy changes ...

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 - 6 days ago

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 - 6 days ago

Trump and the future of AI regulation

New Jersey’s governor Phil Murphy discusses his state’s tech landscape and prospects under Donald Trump’s second presidential term

World - Financial Times - 7 hours ago

Kompany hails Barça over potential new Messi

Bayern Munich coach Vincent Kompany says it is exceptional that Barcelona have potentially found a Lionel Messi replacement in Lamine Yamal so soon after the Argentine left the club.

Sports - ESPN - October 23

The fight over election rules in Georgia

Early voting began in Georgia, as a court battle was still being fought over vote-counting rules. 60 Minutes spoke with Secretary of State Brad Raffensperger and state election board member Janelle ...

The Fight Over the Chrysler Building Escalates

Office tenants are caught in the middle and the building’s fate remains unclear.

Lifestyle - The New York Times - November 4

100 events in: Weighing the pros and cons of the UFC Apex as 'the future of fighting'

With the UFC's home arena reaching its 100th event on Saturday, Ben Fowlkes examines how the facility has reshaped fight night — for better or worse.

Sports - Yahoo Sports - 6 days ago

Amorim expects 'clarification' on his future on Friday

Manager Ruben Amorim says there will be "clarification" over his expected move to Manchester United after Sporting's game on Friday.

Gatland reflects on 'media narrative' over future

Head coach Warren Gatland says he is happy to field the pressure of questions on his future after guiding Wales to a 10th successive international defeat.

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