News

Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to ...
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Trump 'not planning' to fire Fed Chair Jerome Powell, despite reports
President Trump denied reports that he plans to fire Fed Chair Jerome Powell, but he continued to sharply criticize the head ...
Powell asks for IG review after Trump administration flags Fed's costly building renovation
Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters ...
The Latest: Trump flip-flops over whether he’ll fire the Fed’s Powell
President Donald Trump says it is “highly unlikely” he will fire Federal Reserve Chairman Jerome Powell “unless he has to ...
Trump indicated to allies he will fire Fed’s Powell, CBS reports
Mr Trump has repeatedly criticised the central bank’s refusal to cut interest rates in recent months. Read more at ...
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Fed Rate Cut Odds Surge As Powell’s Future Hangs In The Balance
The chances of a Fed rate cut in September have spiked, driven by rising uncertainty over Jerome Powell's future. Over the last week, multiple reports ...
Pressure mounting? Jerome Powell may quit over $2.5 billion US Federal Reserve's Washington HQ ‘scandal’
Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ ...
Director of federal agency suggests Fed Chairman Powell is considering resigning
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...