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Fed, Donald Trump and Powell
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
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.
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.
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
If the past is any guide,
Federal Reserve
Chairman
Jerome
Powell
won't go down without a fight. He said in 2018 he would go to court if then-President Donald Trump tried to fire him, sources told the Wall Street Journal. With Trump now a president-elect ...
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 Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
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:
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.
Fed Chair Powell Clearly Tells Trump He's Not Leaving, Dudley Says
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, says Federal Reserve Chair Jerome Powell made it clear to President-elect Donald Trump that he intends to serve out the rest of his term.
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
Fed Chair Jerome Powell will sue president Trump if he tries to fire him
Jerome Powell has made it clear that if President Donald Trump attempts to fire him, he’ll sue. He’s said it once, he’s said it a hundred times: The Federal Reserve’s chair can’t be tossed out simply because the Oval doesn’t like interest rate policy.
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.
1d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
Hosted on MSN
6d
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 ...
2d
Fed chair’s job security depends on embattled Supreme Court precedent
As speculation continues to simmer about whether U.S. President-elect Donald Trump might try to fire Federal Reserve Chair ...
Boston Herald
6d
Federal Reserve Chair Jerome Powell says he won’t quit if Trump asks
Asked at Thursday’s news conference whether he would resign if Trump asked him to,
Chair
Jerome
Powell
, who will have a ...
6d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman
Jerome
Powell
said the U.S. economy is in very good condition, but "people are still feeling the effects ...
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