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Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Donald Trump is again considering firing Federal Reserve Chairman Jerome Powell, potentially igniting a complex legal battle. Powell asserts his removal is unlawful and vows to resist. The dispute ...
If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom ...
A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any ...
Whatever the Fed chief’s errors, canning him early would be an economic and legal mistake.
President Donald Trump denied he was planning to fire Federal Reserve Chair Jerome Powell Wednesday, contradicting reports earlier in the day.
President Trump on Friday floated the possibility of firing Federal Reserve Chair Jerome Powell as part of his latest round of intense criticism of the leader of the central bank over its decision … ...
U.S. President Donald Trump on Friday again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long attacked over interest rates he wants lowered.
President Trump on Friday floated the possibility of firing Federal Reserve Chair Jerome Powell as part of his latest round of intense criticism of the leader of the central bank over its decision ...
President Trump has been itching to fire Federal Reserve Chair Jerome (Jay) Powell. Although he appointed Powell to the post in 2018, Trump has found that he cannot publicly shame Powell into bending ...
Trump criticizes Fed chair Powell for not lowering rates, accusing him of ignoring political realities. But recent court ruling upholds Fed's independence.