fed powell - Search News

News

Powell should resign to maintain Fed's independence

Jerome Powell must quit to save the Fed, one prominent economist says

The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.

Insider on MSN · 15h

Why some economists think Powell should resign to save Fed independence

Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.

MarketWatch on MSN · 10h

Why Bessent is now saying Powell doesn’t need to resign from Fed

“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve allowing Powell to finish out his term as chair and stepping down from the Federal Reserve board once his chairmanship is up.

Trump, Powell and Fed

Reuters on MSN · 11h

Trump says Fed's Powell will be out in 8 months, calls him a 'numbskull'

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.

MSNBC · 1d

A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell

Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out of firing Fed Chair Jerome Powell. While Trump dismissed the account, CNBC’s Andrew Ross Sorkin says a new strategy may be emerging: naming a “shadow Fed chair” ahead of Powell’s term ending in May.

CNN on MSN · 15h

FAQ: Here’s what would happen if Trump actually tries to fire Powell

President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about what would happen if Trump actually tires to fire the central bank leader.

9hon MSN

Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator

A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal ...

Federal Reserve Banking Conference Avoids the Powell Drama

The Federal Reserve held a first-of-its-kind conference Tuesday to meet the banks they help regulate. The event was the ...

9hon MSN

Sen. Mike Lee posts, deletes fake resignation letter by Fed Chair Powell: Reports

The letter surfaced as President Donald Trump has bludgeoned the Federal Reserve chairman Powell with criticism over his ...

3 Rumors That Fed Chair Powell Might Not Address At July's FOMC Meeting

On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair ...

13h

White House Keeps Pressure on Powell Over Rate Cuts and Renovations

President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and ...

12hon MSN

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

Scott Bessent calls for probe into ‘the entire Federal Reserve institution’

What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent told ...

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results