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Fed, Donald Trump and Powell
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
If the past is any guide, Federal Reserve Chairman
Jerome
Powell
won't go down without a fight. He said in 2018 he would go to court if then-President Donald Trump tried to fire him, sources told the Wall Street Journal. With Trump now a president-elect ...
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
Jerome Powell Appears Defiant In Face Of Prospect Of Trump Asking Him To Resign
Powell was nominated by Trump in 2017 to succeed now-Treasure Secretary Janet Yellen. President Joe Biden chose to put him forward for another term in 2021 despite the objection of progressive members of his party. Powell’s term as Fed chair expires in May 2026, and he has previously signaled that he intends to serve the full four years.
Trump is back, and that could be a new headache for Fed chair Jerome Powell
Fed chair Jerome Powell is expected to face questions about the implications of Donald Trump's return to the White House. Read more here.
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in 2018.
Powell says he would not resign as Fed chief if Trump asked for his resignation
Federal Reserve Chairman Jerome Powell said Thursday that he will not step down if President-elect Donald Trump asks for his resignation. When asked whether he would resign if requested to by Trump, the Fed chair simply said: "No." Powell subsequently told reporters that the president does not have the power to fire or demote him.
Would Fed Chair Jerome Powell resign if Trump asked him to? He’s got a one-word answer
Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do so.
Fed Chair Powell Clearly Tells Trump He's Not Leaving, Dudley Says
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, says Federal Reserve Chair Jerome Powell made it clear to President-elect Donald Trump that he intends to serve out the rest of his term.
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
13h
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
2d
on MSN
Elon Musk backs call to ‘#EndTheFed’ after Jerome Powell says he won’t resign early
On Thursday, Powell was asked if he would resign if President-elect Donald Trump demanded it, and Powell simply replied “no.” ...
3d
on MSN
Powell says he won’t resign for Trump, can’t be fired
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would ...
3h
on MSN
Goldman Sachs' Robert Kaplan: Independent Fed is critical & Powell should be allowed to finish term
Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Power Lunch' to discuss whether ...
The Australian Financial Review
7h
Powell doesn’t fear, and yet can’t contain, Trump
The US Federal Reserve and its chairman,
Jerome
Powell
, are rightly choosing not to act on any assumptions about what ...
13h
on MSN
The Real Reason Trump Won’t Try To Fire Jay Powell
Trump — likely not eager for a repeat of that experience despite his continued criticisms of Powell — has recently suggested ...
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