News

As President Donald Trump ramps up attacks on the Federal Reserve, Chair Jerome Powell refuses to change course
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold ...
Fed Chair Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from ...
Trump sends 'Mr. Too Late' Jerome Powell fiery note spelling out interest rate failures costing US a 'fortune'
Trump criticizes Fed chair Powell for keeping rates "artificially high," sending him a chart comparing global rates and ...
Trump administration eyes Fed vacancy in early 2026 to appoint Powell successor, Bessent says
The Trump administration is considering using the next expected Federal Reserve Board of Governors vacancy in early 2026 for ...
A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
Former Federal Reserve Vice Chair Alan Blinder said naming a so-called shadow Fed chief well before Jerome Powell’s term is ...
Stock market today: Dow, S&P 500, Nasdaq climb as Trump eyes naming a replacement for Fed's Powell
Bets on interest rate cuts are rising as President Trump appears to get closer to naming his replacement for Federal Reserve ...
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
Powell says Fed needs to manage against risk tariff inflation proves persistent
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...