Trump will likely fire Fed's Jerome Powell
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2don MSN
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington,
President Trump expressed a desire to see Federal Reserve Chair Jerome Powell resign, indicating that directly removing him could disrupt markets. The comments were made in an interview with the Real America's Voice network,
Polymarket traders have raised the likelihood of Fed Chair Jerome Powell's departure after Rep. Luna's cryptic post and top officials' statements.
Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.
Trump says he’d “love” for Fed Chair Jerome Powell to resign, but firing him could rattle markets. Criticism grows over rate policy, Fed HQ renovation costs.
Stocks rebounded on Wednesday after President Donald Trump denied reports that he was close to ousting Powell as chairman of the Federal Reserve.
The US dollar recovers as Powell dismissal fears recede and market yields climb after Trump's clarifying statements.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
Fannie Mae and Freddy Mac Chairman William Pulte issued a similar statement amid reports that Powell was considering his resignation.
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