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Fed, Powell

Trump says Fed's Powell will be out in 8 months, calls him a 'numbskull'

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.

The Boston Globe · 2h

Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,

Insider on MSN · 9h

Why some economists think Powell should resign to save Fed independence

Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.

Federal Reserve Banking Conference Avoids Powell Drama

The Wall Street Journal · 2h

Federal Reserve Banking Conference Avoids the Powell Drama

The Federal Reserve held a first-of-its-kind conference Tuesday to meet the banks they help regulate. The event was the creation of the Fed’s new top regulatory official, Michelle Bowman, and her stated goal is more transparency.

The Hill on MSN · 12h

Powell under siege as Fed conference kicks off

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while

CBS News · 8h

Fed Chair Jerome Powell speaks at Large Banks Conference amid Trump criticism

Federal Reserve Chair Jerome Powell spoke at the Large Banks Conference in Washington, D.C. on Tuesday amid criticism from President Trump. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.

4hon MSN

Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator

A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal ...

4hon MSN

Sen. Mike Lee posts, deletes fake resignation letter by Fed Chair Powell: Reports

The letter surfaced as President Donald Trump has bludgeoned the Federal Reserve chairman Powell with criticism over his ...

3hon MSN

Powell Should Resign to Save the Fed, Mohamed El-Erian Says. Anxiety Is Building.

Besieged Federal Reserve Chairman Jerome Powell should resign, Mohamed El-Erian, former Pimco CEO and current president of ...

White House Keeps Pressure on Powell Over Rate Cuts and Renovations

President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and ...

7hon MSN

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

U.S. Fed Chair Jerome Powell spoke of a need to maintain a "safe, sound and efficient" U.S. banking system while Treasury ...

10h

Trump Says Firing Fed Chair Is 'Highly Unlikely,' But Here's How The Move Would Shake Global Economy

Economist Clifford Winston joined "Forbes Newsroom" to discuss President Donald Trump's recent criticisms of Federal Reserve ...

3 Rumors That Fed Chair Powell Might Not Address At July's FOMC Meeting

On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair ...

16h

Trump declines to say Powell should quit. 'He's going to be out pretty soon anyway.'

President Donald Trump kept up his criticism of Federal Reserve Chair Jerome Powell Tuesday but stopped short of saying he should resign. Asked during an Oval Office appearance with Philippine ...

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