Facebook Tweet Email Link President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt said Tuesday. Her comments came after Trump wrote earlier Tuesday that he was “considering allowing a major lawsuit against Powell to proceed.” “Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board. I am, …
Read More »
President Donald Trump on Tuesday is blaming a cabinet official from his first term for getting him to make an appointment that haunts his second. In a rant on his Truth Social account, Trump tore into former Treasury Secretary Steven Mnuchin for persuading him to appoint Jerome Powell to chairman of the Federal Reserve. Trump has constantly attacked Powell for …
Read More »
The following is the transcript of an interview with Dr. Jerome Adams, the former U.S. surgeon general during President Trump’s first term, that aired on “Face the Nation with Margaret Brennan” on Aug. 10, 2025. MARGARET BRENNAN: We turn now to former Surgeon General Dr. Jerome Adams, who served in the first Trump administration. Welcome back to Face The Nation. …
Read More »Trump Expands Search to Replace Fed Chair Jerome Powell. Meet the New Contenders Barron’s Bessent leads broad search for Fed chair that includes Bullard, Sumerlin Reuters Christopher Waller Emerges as Favorite for Fed Chair Among Trump Team Bloomberg.com Donald Trump says Hassett and Warsh are leading contenders for top Fed job Financial Times Trump admin considering two new candidates to be next Fed chair: …
Read More »Tiler Peck Knows Jerome Robbins, and Knows What She Wants The New York Times Source link
Read More »Don’t blame Jerome Powell — or the Fed — if you can’t afford to buy a house right now MarketWatch Trump Wants a Rate Cut to Boost Housing. It’s Not That Simple Bloomberg What Would Help Mortgage Rates Fall More Than the Fed Barron’s Why my crystal ball is so cloudy right now The Globe and Mail Broker frustrated with Fed inaction: ‘Give us …
Read More »
A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon as September, with mounting evidence of a slowing U.S. economy and faltering labor market offsetting persistent inflation worries driven by new tariff hikes. The Federal Open Market Committee (FOMC) had previously left rates unchanged at a range of 4.25% to …
Read More »
FILE – In this Nov. 2, 2017, file photo President Donald Trump announces Federal Reserve board member Jerome Powell as his nominee for the next chair of the Federal Reserve in the Rose Garden of the White House in Washington. Trump is keeping up his attacks on Federal Reserve Chairman Powell, calling him a “stubborn moron.” (AP Photo/Alex Brandon, File)AP …
Read More »
In a move that everyone was expecting, U.S. Federal Reserve Chairman Jerome Powell disappointed Donald Trump again yesterday by refusing to cut the base interest rate. Indeed, a hawkish Powell even used the dreaded r-word (“raise”)—having suggested he is responsive enough to calls to “look through” tariff-induced inflation by not increasing interest rates, a notion which likely would have sent …
Read More »
For all the power it wields over the global economy, the Federal Reserve projects remarkable cool. Whereas rate-setters at other central banks frequently disagree with each other over the direction of monetary policy, Fed policymakers tend to stick together. That serenity is now being ruptured, just as President Donald Trump ramps up his attacks on the Fed, and his tariffs …
Read More »