Trump escalates fight with Fed Chair Powell
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President Trump also seemed to pressure Treasury Secretary Scott Bessent to somehow persuade Powell to lower interest rates further — or be fired himself.
Trump repeated his usual attacks against Federal Reserve Chairman Jerome Powell during a speech at the Saudi Investment Forum at the Kennedy Center on Wednesday. He also took a swipe at Treasury Secretary Scott Bessent, who was in the audience during his remarks.
Wellington-Altus's chief market strategist James Thorne discusses Chair Jerome Powell's departure from the Fed.
Former Federal Reserve Governor Adriana Kugler abruptly resigned after Chair Jerome Powell refused to grant her a waiver to address financial holdings that ran afoul of the central bank’s ethics rules,
Top Fed contenders Kevin Warsh and Kevin Hassett openly criticise Jerome Powell and the central bank, urging policy changes and independence ahead of the White House selection.
What’s driving the housing affordability crisis—from decades-low mortgage rates that inflated prices to today’s record spreads limiting Fed influence.
President Donald Trump has loudly and persistently railed against Federal Reserve Chair Jerome Powell, with an eye toward next year when he can pick a new Fed chief more aligned with his own views.