Trump, Fed and Powell
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Reports that President Trump was planning to fire Federal Reserve Chairman Jerome Powell sent stocks and the U.S. dollar tumbling on Wednesday, while long-dated Treasury yields charged higher.
The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently
Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'
President Trump denies he’s considering firing Federal Reserve Chair Jerome Powell, but his administration has ramped up its criticism of the central bank’s $2.5 billion office renovation. WSJ’s Nick Timiraos explains why.
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