Tag Archives: Powell

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, …

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 …

U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to go forward, dramatically escalating his …

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: …

In light of a disappointing jobs report released on Friday, Jim Cramer has urged the Federal Reserve to implement a cut in interest rates. What Happened: The nonfarm payroll growth for July was a mere 73,000, falling significantly short of the anticipated 100,000. Additionally, the figures for May and June were revised downwards by a total of 258,000. The unemployment rate for …

Trump’s Interest Rate Obstacle Is Bigger Than Powell  Bloomberg.com Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?  Yahoo Finance The Fragile Balance: How Political Pressure on the Fed Threatens Long-Term Investment Returns and Inflation Control  AInvest Debt, deficits, and demographics are the real obstacles to Trump’s rate …

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 …

Fed Governor Adriana Kugler announced Friday she is stepping down from her position earlier than expected, giving President Donald Trump the chance to expand his influence over the central bank as he calls for a revolt against Chairman Jerome Powell. In a post on Truth Social before Kugler’s announcement, President Trump took a jab at Powell, saying he must “substantially” …

Fed Governor’s Exit Could Accelerate Trump’s Selection of Next Chair to Succeed Powell  Bloomberg.com Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates  CNBC Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank  The New York Times Investors react to Kugler’s resignation, firing of BLS commissioner  Reuters Fed governor Kugler resigns, giving Trump vacancy  Axios Source …

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 …