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Markets could freak out if Trump tries to fire Powell
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,
Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension
When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is."
Reuters on MSN22h
Why Trump getting his way on interest rates could signal weakness
U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill,
White House ramps up pressure on Fed's Powell three weeks before next interest rate decision
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates entered a new front this week
Federal Reserve quietly responds to Trump administration attacks over renovation
The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central bank’s renovation.
Trump keeps everyone guessing on Powell's fate
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely."
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