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US justice department drops probe into Fed chairman Jerome Powell
Powell's term is nearing its end and the US Senate is considering Trump's nominee for his replacement, Kevin Warsh. A key Republican, Thom…
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Trump says probe of Fed's Powell should continue despite threats to block successor
President Trump said Monday the Justice Department should not drop its criminal probe into Federal Reserve Chairman Jerome Powell, even if…
Business
Wall Street opens lower after Trump picks Fed critic Kevin Warsh to succeed Jerome Powell
stocks opened lower on Friday (Jan 30) after US President Donald Trump nominated former Federal Reserve governor Kevin Warsh to head the…
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Trump nominates former Fed official Kevin Warsh to succeed Jerome Powell as next Fed chair
The move signals a potential pivot toward lower rates as Trump puts his stamp on the US economy — President Donald Trump on Friday (Jan 30)…
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Trump nominates former Fed official Kevin Warsh to succeed Jerome Powell as Fed chair
Move signals a potential pivot towards lower rates as US president puts his stamp on American economy — President Donald Trump on Friday…
Business
Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections US Federal…
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Democratic senators demand records on Powell probe
US DEMOCRATIC senators Elizabeth Warren and Dick Durbin on Tuesday called for President Donald Trump’s administration to turn over records…
Business
Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on…
Business
IMF’s Georgieva says central bank independence critical, backs Powell
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and…
Business
Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to…
Business
Trump says Dimon ‘wrong’ to criticise DOJ Probe of Fed’s Powell
US PRESIDENT Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the…
Business
Global Central Bank Leaders Defend Jerome Powell After Trump Attack
Nationwide protests took place over the weekend after Agent Jonathan Ross shot and killed Renee Nicole Good Wednesday. More than 1,000…
Business
Jerome Powell: World central bank chiefs declare support for US Fed chair
Central banks across the world have joined together to declare that they stand in "full solidarity" with the Federal Reserve's chair after…
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Targeting Powell
If this is a baseless effort at revenge or pure intimidation, it’s a disgrace. Source link
Business
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target Central Bank…
Business
Meta taps Dina Powell McCormick as president and vice chairman
Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president…
Business
Former Fed chairs condemn criminal investigation into Jerome Powell
Danielle KayeBusiness reporter Three former heads of the US central bank have decried federal prosecutors' criminal investigation into…
News
Meta hires ex-Trump adviser Dina Powell McCormick as president, vice chairman
She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts Meta Platforms has appointed a former top…
Business
Fed Chair Jerome Powell Rings Every Alarm Bell About DOJ Investigation
“It’s too bad that the Ballroom hasn’t completed because, if it were, it would be PACKED,” Trump continued. “We apologize to those Oil…
Business
DOJ subpoenas the Federal Reserve, threatening criminal indictment, says Jerome Powell
Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it…
Culture
Trump says he still might fire Jerome Powell as Fed chair pick looms
US President Donald Trump teased that he has a preferred candidate to be the next chair of the US Federal Reserve, but is in no hurry to…
News
Trump weighs 'gross incompetence' lawsuit against Fed Chair Jerome Powell
President Trump said Monday he is considering a lawsuit against Federal Reserve Chair Jerome Powell for "incompetence." Source link
Business
Powell: ‘Housing market faces some really significant challenges’ that a 25 basis-point rate cut won’t resolve
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. After announcing…
Business
Wall Street opens lower ahead of Powell speech, manufacturing data
Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely…