News

Rumored candidate to replace Powell calls for ‘regime change’ at Fed
The Federal Reserve's] hesitancy to cut rates, I think, is actually … quite a mark against them,” former Fed governor Kevin Warsh said.
Markets will ‘crash' if Trump fires Powell, Sen. Warren warns
Trump wants Powell to lower interest rates in order to boost the economy, but the Fed chair has said the president’s tariff plans have kept him from doing so.
White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...
Trump tells GOP lawmakers he will likely fire Powell ‘soon’
President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office ...
White House defends tariffs on Brazil despite trade surplus
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
Stocks End Higher After Trump Plays Down Intentions to Fire Powell
Major stock indexes slid as much as 0.8% midday after news that Trump told Republican lawmakers that he was likely to attempt ...
Trump keeps everyone guessing on Powell's fate
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely." ...