Latest in Trump, Jay Powell and a Potential Fight over the Fed’s Future
Sort by
8,897 items
-
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 -
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 -
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 -
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 -
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 - November 16 -
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 -
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 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 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 -
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 -
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 -
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 -
Eric Adams dodges questions about potential Trump pardon, reflects NYC's future
New York City Eric Adams visited "The View" Friday to give his thoughts on President-elect Donald Trump's presidency and what it will mean for the city.Top stories - ABC News - November 15 -
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 -
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 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 -
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 -
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 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 -
‘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 -
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 -
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 ...Top stories - CBS News - November 11 -
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 ...Top stories - CBS News - November 7 -
MLB rumors: Juan Soto to meet with Dodgers, Alex Bregman's Astros future, Willy Adames' market and more
Here are your hot stove rumors for Monday, Nov. 18Sports - CBS Sports - 5 days ago -
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 -
How will the Fed handle Trump?
Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressiveBusiness - Financial Times - November 12 -
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 -
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 - November 7 -
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 - November 15 -
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