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Trump Indicated to Republican Lawmakers He Will Fire Fed's Powell, CBS Reports
(Reuters) -President Donald Trump on Tuesday asked Republican lawmakers if he should fire Federal Reserve Chair Jerome Powell, and several people in the room indicated he will do it, CBS News reported, citing multiple sources with direct knowledge. The meeting with members of the House of Representatives took place at the Oval Office, CBS said.
If President Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would ...
Markets either don't believe the White House attempts to force out the Federal Reserve chair will succeed, or they assume ...
There's a chance Donald Trump won't get lower interest rates even after he finds a replacement for Fed Chair Powell, market pros told BI.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying ...
US stocks slipped Wednesday to close mixed as Fed chair Powell testifies to Congress for a second day and Tesla's stock falls ...
In the unlikely event that Fed Chair Powell is removed or steps down before his term ends in May 2026, we would likely see a ...
President Trump hinted at a trade war deescalation with China and said he has "no intention of firing" Fed Chair Jerome Powell, sending stocks soaring on Wednesday.
If Trump breaks the long-standing central bank independence, he would make long-term debt holders question the Fed’s ...
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