Fed, Trump and building
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Trump, Federal Reserve and Jerome Powell
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Significant legal challenges would arise from an attempt to remove Fed chair Jerome Powell, but Polymarket bettors are warming to the idea – even if it's still a longshot.
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's dismissal is imminent. Treasury Secretary Bessent confirms the search for a replacement has begun,
William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom.”
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.
14hon MSN
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.
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CCN on MSNScott Bessent Confirms Quest for Jerome Powell’s Replacement Has Begun — Who Will Inherit the Federal Reserve?Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him to resign. Bessent is