Fed, White House and Jerome Powell
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7hon MSN
President Donald Trump said Wednesday that he was "highly unlikely" to fire Federal Reserve Chair Jerome Powell, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.
President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office
When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is."
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."
Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi-front push.
For about an hour on Wednesday, it seemed as though President Donald Trump would try to fire Federal Reserve Chairman Jerome Powell. Before Trump denied the reports, the yield on the 10-year Treasury note climbed by about 5 basis points,
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor call dangerous.
The dollar briefly tumbled on Wednesday and Treasury bond yields popped higher on reports citing an unidentified White House official that U.S. President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon,