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Fed, Donald Trump and Powell
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
Powell says he would not resign as Fed chief if Trump asked for his resignation
Federal Reserve Chairman Jerome Powell said Thursday that he will not step down if President-elect Donald Trump asks for his resignation. When asked whether he would resign if requested to by Trump, the Fed chair simply said: "No." Powell subsequently told reporters that the president does not have the power to fire or demote him.
Would Fed Chair Jerome Powell resign if Trump asked him to? He’s got a one-word answer
Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do so.
Fed Chair Powell Clearly Tells Trump He's Not Leaving, Dudley Says
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, says Federal Reserve Chair Jerome Powell made it clear to President-elect Donald Trump that he intends to serve out the rest of his term.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
Fed Chair Jerome Powell will sue president Trump if he tries to fire him
Jerome Powell has made it clear that if President Donald Trump attempts to fire him, he’ll sue. He’s said it once, he’s said it a hundred times: The Federal Reserve’s chair can’t be tossed out simply because the Oval doesn’t like interest rate policy.
Trump 2.0 complicates Jay Powell's rate path at the Fed
Many economists are already scaling back their expectations for the number and pace of Federal Reserve rate cuts next year on account of policies expected from a new Trump administration.
22m
Fed's Powell had pointed to 'bumps' in road to 2% inflation
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.
2d
on MSN
Can the President Fire Powell? How Trump and the Fed Chair May Go to Battle.
Powell is indicating he wouldn’t go down without a fight if Trump tries to remove him. How a battle could shake out.
1d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
3h
on MSN
With Elon Musk at Donald Trump’s side to slash 'bureaucracy', is Jerome Powell next?
While Trump hasn’t directly called for abolishing the Fed, he’s clear about wanting to reshape its role, even suggesting that ...
5d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman
Jerome
Powell
said the U.S. economy is in very good condition, but "people are still feeling the effects ...
1d
on MSN
Trump has a surprising update on the future of Fed boss Jerome Powell - as interest rate decision announced
The central bank has made its latest interest rate decision amid reports about Fed Chair Jerome Powell.
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