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Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Insiders close to President Trump say he's ready to take steps to fire the Federal Reserve chair over costly renovations.
Donald Trump will be hit with a $60bn (£44bn) bill if he follows through on his threats to sack Federal Reserve chairman ...
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over i ...
James Fishback, founder and CEO of the investment firm Azoria, said Friday on Fox News’ “The Ingraham Angle” that President ...
Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost ...
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
Finance chiefs from the Group of 20 (G20) countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day ...
If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom battle that legal and policy experts say is bound to get messy, with ...
After a quarter-point cut in March, the Bank of Canada held its benchmark interest rate steady at 2.75 per cent in April and June.