News

Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Can Trump fire the Fed chair? He’s building a $2.5 billion excuse
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
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Investment Firm CEO Says Trump Has ‘Unique Opportunity’ To Get New Fed Chair Earlier Than Expected
James Fishback, founder and CEO of the investment firm Azoria, said Friday on Fox News’ “The Ingraham Angle” that President ...
Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
The Federal Reserve may already have the so-called shadow chairman that President Donald Trump has said he might soon appoint ...
One of Trump's top picks for Fed chair doubles down on rate cut demands
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have ...
Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...