News

Trump says he's not planning to fire Powell, but leaves door open
President Donald Trump denied reports Wednesday that he plans to fire Federal Reserve Chairman Jerome Powell, but said he ...
Banking Dive1d
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
White House, climate of tension: the real reason behind Trump's move against Powell
Tensions between Trump and Powell are threatening the Federal Reserve's autonomy, while uncertainty over tariff policies is ...
JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's ...
Markets could freak out if Trump tries to fire Powell
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
Markets swing after Trump backs away from reports that he's ready to fire Fed Chair Powell
Reports of Trump firing Fed Chair Powell caused major indexes to fall midday Wednesday, but losses were pared as Trump backed off.