News

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank
Saravelos said a removal of Powell would be far worse than President Nixon’s imposition of Arthur Burns on the Fed in the 1970s. Nixon and Burns, like Trump, were fixated on lowering interest ...
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
Banking Dive13m
Dive Deposits: Fed pushes back on Vought’s skewering of renovation
In an FAQ document, the central bank appears to emphasize it’s responding to senators’ concerns, not the OMB chief’s, and ...
Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints
William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
Powell's ouster 'one of the largest underpriced event risks over the coming months'
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...
Can Jay Powell Make It Through the Weekend?
Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.