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Trump, Jerome Powell and Federal Reserve System
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.
Fed Chair Jerome Powell will sue president Trump if he tries to fire him
Jerome Powell has made it clear that if President Donald Trump attempts to fire him, he’ll sue. He’s said it once, he’s said it a hundred times: The Federal Reserve’s chair can’t be tossed out simply because the Oval doesn’t like interest rate policy.
If Trump tries to fire Powell, Fed Chair is ready for a legal fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
Bloomberg L.P.
1d
Powell Doesn’t Fear Trump. He Also Can’t Contain Him.
He is the chair of the Bretton Woods Committee, and has been a nonexecutive director at Swiss bank UBS since
2019
. The US ...
5d
Fed's Powell says labor market weaker than in 2019
Federal Reserve Chairman Jerome Powell said the U.S. jobs market is probably weaker now compared to just before the pandemic broke out in March 20202, based on a broad array of labor market data. The ...
4d
on MSN
Powell says he won’t resign for Trump, can’t be fired
Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would ...
Crowdfund Insider
2d
What Trump’s Win Could Mean for the Fed
Donald Trump’s return to the White House raises concerns that he might seek significant influence over the central bank’s ...
5d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
Al Jazeera English on MSN
5d
US Fed cuts interest rates, Powell says won’t quit even if asked by Trump
“This further recalibration of our policy stance will help maintain the strength of the economy and the labour market, and ...
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