President Donald Trump said on Wednesday that he is “not planning on doing anything” after reportedly writing a letter to fire Federal Reserve Chair Jerome Read More
Tag: Jerome Powell
Inflation Creeps Up As Trump Prepares Major Tariff Rollout
Inflation ticked up last month, coming in slightly above economists’ predictions for the June Consumer Price Index report as President Donald Trump prepares to impose Read More
Trump Admin Cheers ‘Reports’ That Jerome Powell ‘Considering Resigning’
The Trump administration said Friday that it was encouraged by “reports” that Federal Reserve Chair Jerome Powell was considering resigning. Federal Housing Finance Agency Director Read More
Morning Brief: Trump Sues Los Angeles, Battles Harvard, And Pushes Big Beautiful Bill
The DOJ cracks down on “sanctuary city” Los Angeles, Trump continues his feud with Jerome Powell, and Harvard and Democrats try to slow Trump’s budget Read More
Jerome Powell Suggests Delaying Rate Cuts Beyond July Meeting While Fed Studies Tariff Impact
WASHINGTON (Reuters) — Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Read More
Morning Brief: Trump’s Iran Ultimatum, Fed Holds Firm On Rates & AI’s Dark Side Exposed
President Donald Trump says he will make a decision on whether to strike Iran within two weeks. Our expert breaks down all the latest economic Read More
Federal Reserve Refuses To Cut Interest Rates
The Federal Reserve voted to leave the benchmark interest rate between 4.25% and 4.5%, despite the economy’s “solid position.” “For the time being, we are Read More
Trump urges ‘numbskull’ Fed chair Powell to lower interest rates — as prez reveals he plans to replace him
WASHINGTON — President Trump urged “numbskull” Federal Reserve chairman Jerome Powell to lower interest rates Thursday — while confirming he plans to pick a new Read More
Trump reportedly eyeing cabinet member to replace Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central bank’s stance on holding interest rates steady in recent months.
Supreme Court upholds Trump’s removal of Biden appointees from federal boards
The Supreme Court ruled for Trump’s removal of two Democratic appointees from federal boards, upholding/discarding limits on the president’s power to fire agency officials.