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Fed, Powell and Donald Trump
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
When a frustrated Donald Trump flirted with removing Federal Reserve Chair
Jerome
Powell
in a dispute over interest rates back in 2018,
Fed
leaders privately readied a break-glass-in-case-of-emergency response: a legal challenge against the president to ...
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
Watch: Fed Chair Jerome Powell Remarks
The Federal Reserve cut interest rates Thursday after its two-day meeting. Chair Jerome Powell held a news conference following the decision. You can watch it here:
MN Fed President says he is ‘not concerned’ about the dynamics between Trump and Powell
Minneapolis Federal Reserve President Neel Kashkari reacts to President-elect Donald Trump’s calls for Jerome Powell to resign on ‘Cavuto Live.'
Powell says he would not resign as Fed chief if Trump asked for his resignation
Federal Reserve Chairman Jerome Powell said Thursday that he will not step down if President-elect Donald Trump asks for his resignation. When asked whether he would resign if requested to by Trump, the Fed chair simply said: "No." Powell subsequently told reporters that the president does not have the power to fire or demote him.
Can the President Fire Powell? How Trump and the Fed Chair May Go to Battle.
Powell is indicating he wouldn’t go down without a fight if Trump tries to remove him. How a battle could shake out.
Trump 2.0 complicates Jay Powell's rate path at the Fed
Many economists are already scaling back their expectations for the number and pace of Federal Reserve rate cuts next year on account of policies expected from a new Trump administration.
Forbes on MSN
3d
Can Trump Fire Jerome Powell? Fed Chairman Says He Won’t Resign If Trump Asks
Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald ...
Opinion
7m
Opinion
The Second Coming: How Jerome Powell aided and abetted Donald Trump's return
Much attention has been paid to Fed chair Jerome Powell’s remark that he wouldn’t resign even if Trump wants him to. But if a ...
2d
on MSN
Would Fed Chair Jerome Powell resign if Trump asked him to? He’s got a one-word answer
Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do ...
Hosted on MSN
20h
Elon Musk backs call to ‘#EndTheFed’ after Jerome Powell says he won’t resign early
Yet another reason why we should #EndTheFed" Lee's post included a screenshot of a
news
story about
Fed
Chairman
Jerome
...
3d
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
3d
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald ...
HuffPost on MSN
3d
Jerome Powell Appears Defiant In Face Of Prospect Of Trump Asking Him To Resign
Powell was nominated by Trump in 2017 to succeed now-Treasure Secretary Janet Yellen. President Joe Biden chose to put him ...
4d
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
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