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Trump expected to fire Federal Reserve Chair Jerome Powell soon after lawmakers' support
In an unprecedented move that is bound to rattle investors and sow fundamental questions about the independence of monetary policymaking, US President Donald Trump is expected to soon fire Federal Reserve Chair Jerome Powell.
Sen. Rand Paul (R-KY) introduced legislation on Thursday calling for auditing the Federal Reserve. The senator’s proposal ...
The president and his administration could be laying the groundwork to remove Chairman Jerome Powell for cause.
The Federal Reserve meets for fifth two-day rate-setting session of 2025 next month on Tuesday, July 29, and Wednesday, July 30, 2025. At the end of its Federal Open Market Committee session on ...
Jerome H. Powell, the Federal Reserve chair, said on Tuesday that the central bank was focused on returning the economy to full strength, and he emphasized that the Fed would be more ambitious and ...
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent ...
Trump administration officials, already agitated by the board’s monetary policy, are calling for Chairman Powell’s removal ...
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been ...
The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central ...
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