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Fed, Powell and Donald Trump
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
When a frustrated Donald Trump flirted with removing Federal Reserve Chair Jerome
Powell
in a dispute over interest rates back in 2018,
Fed
leaders privately readied a break-glass-in-case-of-emergency response: a legal challenge against the president to ...
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.
Powell and the Fed won't be able to avoid talking about Trump forever
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.
Fed's Powell staying put even if Trump has another idea
Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.
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.”
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.
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.
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.
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.
2h
on MSN
Goldman Sachs' Robert Kaplan: Independent Fed is critical & Powell should be allowed to finish term
Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Power Lunch' to discuss whether ...
12h
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 ...
New York Sun
11m
The Revolt at the Fed
In an absolutely extraordinary moment the central bank’s governors vow to re-elect Jerome Powell chairman of our central bank ...
4d
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
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 of ...
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