News

Trump administration ramps up pressure on Powell as Fed holds rates steady
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest ...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...
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 ...
FirstFT: White House opens new front of attack on Fed chief Jay Powell
Also in today’s newsletter, Reeves puts reform of UK cash ISAs on hold and Google is to agree cloud discount with US ...
'I would hope' Powell steps down from Fed board when chairmanship is up: Faulkender
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell ...
Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints
William Pulte, Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for ...
Fannie, Freddie boss Bill Pulte claims Jerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows ...
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September Fed rate cut is not a sure thing, despite market behavior
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.