Latest in Powell Says Resign
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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 -
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 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 -
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 -
Nate Silver says Biden should resign
Pollster Nate Silver said President Biden should resign in a post on the social platform X on Wednesday. “Is there any particular reason to assume Biden is competent to be president right now? It's ...Politics - The Hill - 3 days ago -
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 -
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 -
Sotomayor has no plans to resign from Supreme Court, sources say
Despite speculation in liberal legal circles and talk among Democratic senators of urging Justice Sonia Sotomayor to resign, sources close to her say she has no plans to.Top stories - ABC News - November 10 -
‘Church in crisis’: what the papers say about the archbishop of Canterbury’s resignation
Justin Welby’s resignation dominates the headlines as calls grow for others to resign and the archbishop not to be a ‘sacrificial lamb’. UK papers on Wednesday focused on the archbishop of ...World - The Guardian - November 13 -
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 -
England’s universities regulator warns of worsening financial outlook
‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for StudentsWorld - Financial Times - November 15 -
Do I need inheritance tax insurance?
Budget changes prompt wave of interest in life cover to avoid families scrambling to pay tax billsWorld - Financial Times - November 15 -
Trump and the small caps
Why little companies like the red sweepWorld - Financial Times - November 15 -
8 of 11 members of Mexico's Supreme Court say they will resign in protest of controversial judicial overhaul
8 of 11 members of Mexico's Supreme Court say they will resign in protest of controversial judicial overhaulWorld - ABC News - October 31 -
Bishop says more C of E senior clergy may need to resign over abuse scandal
Julie Conalty, bishop of Birkenhead, welcomes resignation of Justin Welby but says institutional changes needed. A bishop and a cabinet minister have said more senior clergy in the Church of ...World - The Guardian - November 13 -
Trump’s choice of Matt Gaetz as attorney general sparks criticism and shock – US politics live
Former Trump official criticizes pick of far-right congressman’s as Republicans react with shock and evasion. Who is Matt Gaetz? Far-right congressman and Trump loyalist Trump cabinet: who’s ...World - The Guardian - November 14 -
Church of England must do more to combat abuse, bishop says after Archbishop of Canterbury resigns
The only Church of England bishop to publicly demand the resignation of former Archbishop of Canterbury Justin Welby says his departure wasn't enough to solve the church’s “profound failure" in ...World - ABC News - November 13 -
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 -
Archbishop of Canterbury Resigns
Justin Welby has stepped down over a church abuse scandal.Top stories - BBC News - November 12 -
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 -
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 -
Jonathan Powell picked as UK national security adviser
Former chief of staff under Tony Blair will have key role in developing British relationship with Donald TrumpBusiness - Financial Times - November 8 -
Starmer picks Blair aide Powell as security adviser
Jonathan Powell will replace Sir Tim Barrow, who has held the role since September 2022.Top stories - BBC News - November 8 -
The abuse scandal that led to the archbishop's resignation
Justin Welby said he had to take responsibility for failures since he was notified about abuse committed by John Smyth.Top stories - BBC News - November 12 -
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 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 -
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 -
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 -
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