Trump, Jerome Powell and Fed
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Mediaite on MSNElizabeth Warren Tells CNN Trump ‘Will Bring Down US Financial Markets’ If He Ousts PowellSenator Elizabeth Warren (D-MA) warned that President Donald Trump “will bring down the U.S. financial markets” if he ousts Federal Reserve Chair Jerome Powell — whom Trump appointed to the post. Trump has habitually attacked Powell and constantly pressured him to lower interest rates.
Two of President Donald Trump's contenders to succeed Federal Reserve Chair Jerome Powell are increasing their alignment with the president in hopes to secure the nomination.
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.
Gold prices eased on Thursday, pressured by a firmer U.S. dollar, as investor worries eased temporarily after President Donald Trump said he did not plan to oust Federal Reserve Chair Jerome Powell.
President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon, a White House official said, and discussed the possible move in a meeting with congressional Republicans on Tuesday night.