Fed, Trump and Jerome Powell
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Such a firing would potentially be illegal (as the Supreme Court recently noted) and undermine decades of goodwill that Fed policymakers have built up with investors. Trump quickly took the threat back,
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.
After the Senate passed Donald Trump‘s federal federal funding cuts to public media, Ken Burns worries for the future of documentary filmmaking. The 2x Oscar-nominated documentarian expressed his “state of shock” over the funding cuts’ impact on PBS,
Trump administration's dismissal of FTC member Rebecca Slaughter was overturned by a D.C. judge who cited the agency's century-old independence safeguards.
Bond powerhouse Pimco hasn’t adjusted its positions in light of Trump’s threats to push Powell out, even with the potential for dramatic moves in Treasurys if it were to happen, according to people close to the situation.
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U.S. President Donald Trump signed an executive order on Thursday creating a new classification of non-career federal workers who can more easily be fired if they fail to carry out a president's priorities,
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The renewable industry accused the Interior Department of obstructing wind and solar projects for political reasons.