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Trump, Jerome Powell and Federal Reserve Chair

Republican senators caution Trump against firing Fed chair Jerome Powell

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.

CBS News on MSN · 20h

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.

ABC News on MSN · 1d

Trump told GOP lawmakers he would 'likely' fire Fed chair Powell 'soon,' sources and officials say

President Trump asked a group of Republican lawmakers how they felt about him firing Federal Reserve Chair Jerome Powell and told them he would "likely" fire Powell "soon," according to two White House officials and sources familiar with the Tuesday evening meeting.

54m

The Biggest Questions in the Powell-Trump Saga

President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he ...

53m

Chaos, progress for Congressional Republicans

REPUBLICANS on Thursday moved closer to clawing back billions in federal spending and passing a package of crypto bills, advancing more pieces of President Trump’s agenda. The ...

Dow rises, Nasdaq heads for record after Trump says he's not considering firing Powell

All three major U.S. stock indexes were headed higher in Wednesday's final hour of trading after President Donald Trump soothed investors by saying he is not considering firing Federal Reserve Chair ...

23h

Stocks End Higher After Trump Plays Down Intentions to Fire Powell

The S&P 500 reverses earlier losses to close just shy of a record.

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