News

Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...
Why Trump removing Powell is the market's most underestimated risk
Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event ...
Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’
National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair ...
JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Bessent: ‘Formal process’ underway to pick Powell successor
Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has ...
Axios on MSN20h
How the Fed sets rates — and why Powell can't move rates alone
President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step ...