Trump, Powell and Fed

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’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.”
Trump Is Coming for Jerome Powell. What It Means for Interest Rates, and 5 Other Things to Know Today.
China stocks slump on fresh stimulus announcement, Airbnb and Expedia see higher travel demand, and more news to start your day.
Can Trump Fire Jerome Powell? Fed Chairman Says He Won’t Resign If Trump Asks
Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald Trump asked him to, saying he’d have no obligation to leave if the president requested it before the end of his term in 2026.
Jerome Powell Appears Defiant In Face Of Prospect Of Trump Asking Him To Resign
Powell was nominated by Trump in 2017 to succeed now-Treasure Secretary Janet Yellen. President Joe Biden chose to put him forward for another term in 2021 despite the objection of progressive members of his party. Powell’s term as Fed chair expires in May 2026, and he has previously signaled that he intends to serve the full four years.
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.
Fed Chair Powell Clearly Tells Trump He's Not Leaving, Dudley Says
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, says Federal Reserve Chair Jerome Powell made it clear to President-elect Donald Trump that he intends to serve out the rest of his term.
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
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.
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.
Futures muted ahead of economic data, Powell speech
U.S. stock index futures were steady on Thursday as investors awaited a fresh batch of economic data and Federal Reserve ...
More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve ...
The Daily Signal17h
Can Trump Fire Jerome Powell?
Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...
Treasury yields hold near 4-month highs ahead of Powell speech
The 10-year Treasury yield sits just shy of 4.5%, near its highest level since the start of July, having trundled north in recent weeks, first on mostly better-than-expected U.S. economic data, and ...
Morningstar9h
North American Morning Briefing: More Inflation Data Eyed Before Powell Speaks
Stock futures and Treasury yields were little changed early Thursday, with fresh comments from Jerome Powell eagerly awaited. Producer prices data will be released at 8:30am and investors will be ...
Morning Bid: Inflation looks sticky, so bring on Powell
It was last up 4.08% at $91,910, marking a 32% rise since the Nov. 5 election. Smaller peer ether has risen 37% since ...
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 ...
Fed's Powell had pointed to 'bumps' in road to 2% inflation
Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.