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What's known about whether Trump can fire Powell from the Fed
President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets growing ever more fearful that Trump may ultimately try to fire the U.
It’s also unclear how much interest rate cuts can ‘stem the bleeding’ from tariffs, Renaissance Macro’s Neil Dutta said.
Trump’s claim to limitless authority over the Fed — paired with his public pressure on the central bank to cut interest rates ...
Jerome Powell's current term as the Federal Reserve Chair is up in May 2026, and he's said Trump firing him before then would ...
U.S. stocks climbed more than 2% on Tuesday after the previous day's selloff, while the dollar edged higher even as investors ...
The Dow, S&P 500 and Nasdaq Composite look to rebound after a sharp selloff Monday following another slap on Federal Reserve ...
Trump nominated Jerome Powell to lead the Federal Reserve in 2017, then quickly turned on him. Drew Angerer/. Angered about ...
President Trump is reportedly considering former Fed governor Kevin Warsh to replace Jerome Powell as the Federal Reserve ...
The independence of the U.S. Federal Reserve is often cited as a major reason America is one of the best places in the world ...
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