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The real reason Trump wants to fire the Fed chair
President Donald Trump has said the quiet part out loud. His threats to terminate Federal Reserve Chair Jerome H. Powell if Powell doesn’t cut interest rates are motivated by one simple desire: to make it cheaper for the administration to add about $4 trillion to the federal debt.
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold ...
Prohibiting the Fed from paying interest on reserves wouldn’t protect taxpayers and would undermine the central bank’s ...
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The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
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