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US Treasury Chief: No Need for Fed's Powell to Step Down Right Now
WASHINGTON (Reuters) -There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.
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.
President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open ...
Besieged Federal Reserve Chairman Jerome Powell should resign, Mohamed El-Erian, former Pimco CEO and current president of ...
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and ...
In the latest attempt by a White House ally to turn up the heat on Jerome Powell, a Republican congresswoman has asked the ...
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
Republican U.S. Representative Anna Paulina Luna made good on her threat last week to refer Federal Reserve Chairman Jerome ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
The move comes amid ongoing pressure from President Trump and his allies, who continue to call for the removal of Jerome Powell.
Earnings season rolls on this week, with the first of the Magnificent Seven tech names to report, Tesla and Google parent Alphabet. New economic data will shed more light on how tariffs are affecting ...
The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair ...
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