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US Treasury Chief: No Need for Fed's Powell to Step Down Right Now
WASHINGTON (Reuters) -There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.
A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out of firing Fed Chair Jerome Powell. While Trump dismissed the account, CNBC’s Andrew Ross Sorkin says a new strategy may be emerging: naming a “shadow Fed chair” ahead of Powell’s term ending in May.
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and ...
The war between the Trump administration and Fed Chair Jerome Powell has ratcheted up, with a top Trump ally in Congress ...
Rep. Anna Paulina Luna (R-FL) is referring Federal Reserve Chair Jerome Powell to the Department of Justice for criminal ...
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
Powell is delivering opening remarks just hours after it was revealed Rep. Anna Paulina Luna referred him to the Justice Department on charges of perjury.
Republican U.S. Representative Anna Paulina Luna made good on her threat last week to refer Federal Reserve Chairman Jerome ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
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