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Fed, Trump and Jerome Powell

Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell.

CBS News on MSN · 20h

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.

The Daily Beast on MSN · 6h

Trump Rages at Biden Over ‘Numbskull’ Fed Chair Who He Appointed Himself

President Donald Trump blasted Federal Reserve Chair Jerome Powell as a “numbskull” Friday, bizarrely blaming Joe Biden for re-appointing the man who he himself first elevated to the post. Taking to Truth Social,

Fed, Waller and Trump

Reuters on MSN · 2h

Waller says he's willing to lead Fed if Trump asks, but no contact so far

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it.

MarketWatch · 11h

Fed’s Waller says he’d serve as chair if Trump asked him

Fed governor Christopher Waller said Friday that he would be willing to replace Jerome Powell as the chair of the U.S. central bank if President Donald Trump asked him to take that position. "If the president contacted me and said,

Wall Street Journal · 13h

Waller Says He Would Accept the Fed’s Top Job, If Offered

Federal Reserve governor Christopher Waller, a Trump appointee from the president’s first term and a contender to succeed Jerome Powell as chair, said he would accept the top job if offered. “If \[Trump\] says ‘Chris,

6hon MSN

Trump appointees pushed more marble in Fed building renovation White House now attacks

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...

1hon MSN

Trump Is Poised to Grab Control of the Fed Next Year

President Donald Trump wants the Federal Reserve to slash interest rates by three percentage points, a massive cut that could ...

4hon MSN

Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns

J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...

6hon MSN

Fed's rate-cut delay intact as inflation fears override Trump pressure

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

1hon MSN

Trump signs 1st major federal cryptocurrency bill into law

President Donald Trump on Friday signed the first major federal law governing cryptocurrency, a business that Trump's family has begun forging strong ties to and has promoted in recent years.

4hon MSN

One of Trump's top picks for Fed chair doubles down on rate cut demands

Federal Reserve Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald ...

11hon MSN

Exclusive: Elizabeth Warren is no Jerome Powell cheerleader—but she fears the next Fed boss won’t have the ‘brains and the guts’ to stand up to Trump

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow ...

Why Trump's push for a 1% Fed policy rate could spell trouble for US economy

A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...

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