Opinion
There’s only one way Trump can fix Powell’s opposition at the Fed
The looming battle between Trump and Fed Chairman Powell is clearer than many would argue. The president-elect has lots of legal precedent on his side and he should fix the situation.
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 is likely to allow Fed chair to serve remainder of his term, adviser says
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump requesting anonymity to describe private conversations.
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.
Trump has a surprising update on the future of Fed boss Jerome Powell - as interest rate decision announced
The central bank has made its latest interest rate decision amid reports about Fed Chair Jerome Powell.
Fed cuts interest rates heading into end of Biden White House and looking to Trump’s 2nd term
The Federal Reserve cut its key rate on Thursday — one of many factors that will decide what kind of economy Americans ...
Biden unfairly criticized on economy.
There has been much criticism, especially from the Republicans, about how President Joe Biden and his administration handled ...
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
The New Republic on MSN5dOpinion
Nancy Pelosi Torches Biden After Trump’s Sweeping Victory
Had the president gotten out sooner, there may have been other candidates in the race,” Pelosi said. “And as I say, Kamala ...
The Fed tries to stay above politics. But a lot is at stake for the central bank on Election Day.
The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent ...
Election 2024: Trump celebrates win, Biden gives first remarks since Harris' loss
Following the 2024 presidential election results, President Biden has invited President-elect Donald Trump to discuss the ...
Voters Were Fed Up Over Immigration. They Voted for Trump.
Voters across party lines shifted to the right on immigration. They blamed Biden-Harris for failing to control the chaotic ...
Fed cuts interest rates in first meeting since Trump win
The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a ...
The Washington Post5d
Friday briefing: Trump and Susie Wiles; Biden’s speech; Daniel Lurie; Fed rate cut; monkeys in South Carolina; Pompeii; and more
Donald Trump made his first key appointment after his election victory. President Joe Biden promised a smooth transition of power. San Francisco elected Daniel Lurie as mayor. The Federal Reserve ...
Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
Trump won in large part because of voters’ frustration with high prices and a sense that the country needs major changes. But ...