Fed, Trump and Supreme Court
Digest more
Even if Cook keeps her job, the conservative-leaning court could lay out where Trump's attempted firing falls short.
The DOJ's criminal probe of Jerome Powell marks a historic challenge to Fed independence. For Bitcoin believers, it validates their thesis about fiat currency.
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
President Trump wants a loyalist. Senators want independence. The backlash to a Justice Department probe highlights how those goals are in conflict.
President Donald Trump on Friday said he would like to keep his top economic adviser, Kevin Hassett, at the White House rather than potentially nominate him to replace Jerome Powell as chair of the Federal Reserve.
Over the weekend, Federal Reserve Chair Jerome Powell said the Department of Justice served the Fed with grand jury subpoenas. Powell says it’s all a sham. But the stakes are unprecedented: A potential criminal indictment.
President Trump’s campaign to exert more control over the Federal Reserve recently hit a new gear. Here are the basics on the long-running situation.
Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday a fragile job market that could weaken quickly means the U.S. central bank should stand ready to cut interest rates again if needed.
President Donald Trump has spent his second term bulldozing elected and appointed officials who resist him or refuse to bend to his demands. As the Trump administration ramps up its pressure campaign against the central bank — now including Justice Department subpoenas and the threat of criminal charges — Senate Republicans have closed ranks around Powell,
Feedback