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Fed, Trump and Powell
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.
Can Trump Fire Jerome Powell?
Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential influence.
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’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 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.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
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.
Trump is likely to allow Fed chair to stay. Powell said he can’t be fired anyway
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump requesting anonymity to describe private conversations.
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.
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.
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.
51m
on MSN
Futures muted ahead of economic data, Powell speech
U.S. stock index futures were steady on Thursday as investors awaited a fresh batch of economic data and Federal Reserve ...
2d
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 ...
6d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman
Jerome
Powell
said the U.S. economy is in very good condition, but "people are still feeling the effects ...
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