News

Donald Trump Tears Into 'Too Angry, Too Stupid' Jerome Powell
Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...
What’s Holding Trump Back From Firing Powell
The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.
Fed leaves interest rates unchanged amid Trump pressure. 2 governors dissent.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
A Split Fed Holds Interest Rates Steady, Defying Political Pressure
For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...
Trump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign
WASHINGTON (AP) — After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to ...
Powell privately adamant that he will serve out his full term at the Fed
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President ...
Two Fed officials break ranks as Trump wages war on Powell
Federal Reserve officials held interest rates steady on Wednesday despite unyielding pressure from Donald Trump to cut borrowing costs, but there’s good news for the president: Opinion within the ...