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Trump, Jerome Powell and Federal Reserve Chair

Republican senators caution Trump against firing Fed chair Jerome Powell

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.

CBS News on MSN · 1d

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

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.

The Hill on MSN · 7h

GOP chair: ‘I don’t believe’ Trump can fire Powell

Rep. French Hill (R-Ark.), the chairman of the House Financial Services Committee, said on Thursday that he does not “believe” that President Trump can fire Federal Reserve Chair

MiBolsilloColombia on MSN5h

GOP senators push back on Powell ouster, warn of market turmoil

Republican senators warned Trump not to fire Fed Chair Jerome Powell, citing risks to market stability and the Fed’s ...

9hon MSN

Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’

Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and ...

10h

The Biggest Questions in the Powell-Trump Saga

President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he ...

10h

Chaos, progress for Congressional Republicans

REPUBLICANS on Thursday moved closer to clawing back billions in federal spending and passing a package of crypto bills, advancing more pieces of President Trump’s agenda. The ...

1don MSN

Markets could freak out if Trump tries to fire Powell

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald ...

Stocks End Higher After Trump Plays Down Intentions to Fire Powell

The S&P 500 reverses earlier losses to close just shy of a record.

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