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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.
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.
Trump has a surprising update on the future of Fed boss Jerome Powell - as interest rate decision announced
The central bank has made its latest interest rate decision amid reports about Fed Chair Jerome Powell.
The Miami Times
1d
Fed cuts interest rates as Biden's term ends
The Federal Reserve cut its key rate on Thursday — one of many factors that will decide what kind of economy Americans ...
6h
US monetary policy still restrictive, two Fed officials say
The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still ...
13h
on MSN
Trump 'Should Thank' Jerome Powell For Election Win, Says Wharton's Jeremy Siegel: '...His Overly Easy Policy During The Biden Administration Causing All That Inflation'
On Tuesday, Wharton economist Jeremy Siegel shared his views on the recent U.S. presidential election. He suggested that ...
5d
News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics
Vladimir Putin has congratulated Donald Trump on his election as the next president of the US and said Russia was ready to ...
1d
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
American Banker
11h
Trump's victory sets stage for potential changes at the Fed, CFPB
President-elect Donald Trump beat banker predictions to surpass Vice President Kamala Harris on his way back to the White House, leaving many surprised but hopeful for a relaxed regulatory environment ...
10d
Biden unfairly criticized on economy.
There has been much criticism, especially from the Republicans, about how President Joe Biden and his administration handled ...
2d
on MSN
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
5d
Fed cuts interest rates in first meeting since Trump win
The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a ...
6d
Voters Were Fed Up Over Immigration. They Voted for Trump.
Voters across party lines shifted to the right on immigration. They blamed Biden-Harris for failing to control the chaotic ...
The Cincinnati Enquirer
11d
Biden official: Inflation down without sacrificing growth in Arizona
The
Biden
-Harris administration has been trying to convince voters ... Inflation is essentially back to the
Fed
’s target, ...
FedScoop
1d
Where Biden’s voluntary AI commitments go from here
President Joe
Biden
shakes hand with former President Donald Trump as they join family and friends at Ground Zero on the ...
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