Trump Shreds Fed Chair Jerome Powell
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Show" host Jordan Klepper breaks down exactly why Trump is so angry at his Federal Reserve Chair Jerome Powell
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
Orlando Gemes, CIO and co-founder of Fourier Asset Management, favours convertible bonds issued by crypto exchange Coinbase. These bonds, which provide a steady income and can turn into shares at pre-agreed prices, are the fund's main focus.
Carlyle co-founder and the owner of the Baltimore Orioles, David Rubenstein, defended the job under beleaguered Federal Reserve Chairman Jerome Powell.
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A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
Powell has said on multiple occasions that he has no intention of stepping down as Fed chair. The Federal Reserve Act, which established the Fed as the official central bank of the U.S., says that the Fed has control over its buildings.