Trump, Jerome Powell and Stocks
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The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump economic adviser.
Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.
Donald Trump seemed to forget that he appointed Federal Reserve Chairman Jerome Powell, which was part of an unsettling pattern of cognitive missteps.
The president told Republican lawmakers he's likely to oust the man overseeing the Federal Reserve, according to multiple reports.
Trump was speaking to reporters about Russian President Vladimir Putin when a cameraman spotted his hand and zoomed in for a closer look. White House Press Secretary Karoline Leavitt told the Daily Beast that the bruise is due to the president’s serial handshaking.
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Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi-front push.
President Trump said he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the
CommSec’s Tom Piotrowski discusses the US Federal Reserve Chair potentially being removed from his role. US President Donald Trump has drafted a letter to fire US Federal Reserve Chair Jerome Powell,
President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to leave for fraud.”.
Crypto Week faced a brief roadblock as debates among House Republicans delayed a procedural vote Tuesday to set the guardrails for how crypto bills will proceed this week. Plus, a Congresswoman posted on X that Fed Chair Powell's firing is "imminent.
Kingsview Wealth Management chief investment officer Scott Martin weighs in on President Donald Trump dismissing reports that he will fire Federal Reserve Chair Jerome Powell on 'The Will Cain Show.'
Opinion
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What a player President Donald Trump is. Just as he was losing control of the Jeffrey Epstein story, rumors suddenly started circulating out of Trump’s White House that he was poised to fire Jerome Powell,