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A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out of firing Fed Chair Jerome Powell. While Trump dismissed the account, CNBC’s Andrew Ross Sorkin says a new strategy may be emerging: naming a “shadow Fed chair” ahead of Powell’s term ending in May.
House Republican refers Fed Chair Jerome Powell to Justice Department for criminal perjury charges
As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Treasury Secretary Scott Bessent told the president in recent days that ousting Federal Reserve Chair Jerome Powell entailed ...
The President has repeatedly criticized Powell for not cutting interest rates, and he escalated his attacks on the Fed chair ...
Republican U.S. Representative Anna Paulina Luna made good on her threat last week to refer Federal Reserve Chairman Jerome ...
In the latest attempt by a White House ally to turn up the heat on Jerome Powell, a Republican congresswoman has asked the ...
In a bold and unusually direct speech to close out last week, Fed Governor Christopher Waller laid out the case for an ...
The European Union remains the key wildcard. As the U.S.’s largest trading partner, the EU stands to lose the most from a ...
A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
President Trump says no one needs to explain to him that firing Federal Reserve Chair Jerome Powell would be bad for the ...
Ahead of US Fed Chair Jerome Powell’s scheduled speech, Treasury Secretary Scott Bessent has called for a comprehensive ...
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