US President Donald Trump and his administration will “continue to study,” whether it’s possible to remove Federal Reserve chief Jerome Powell, his top White House advisor said on Friday.“The president and his team will continue to study that matter,” National Economic Council director Kevin Hassett told reporters, when questioned about the possibility of Powell’s termination, […]
US Federal Reserve Chair Jerome Powell (AP photo) The White House is preparing to begin interviews for a new Federal Reserve Chair this autumn, as Jerome Powell, a Biden appointee’s term ends in May 2026. Treasury secretary Scott Bessent confirmed to Bloomberg the timeline during a visit to Argentina, saying it gives the Trump administration […]
‘Stop playing politics!’: Donald Trump urges Fed Chair Jerome Powell to slash rates (Picture credit: AP) US President Donald Trump on Friday called on Federal Reserve Chair Jerome Powell to cut interest rates immediately, even as the central bank faces mounting pressure over inflation concerns triggered by his administration’s sweeping new tariffs.“This would be a […]
