News

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott ...
JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Banking Dive2d
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
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JP Morgan CEO defends Fed independence as Donald Trump moves to replace Powell
Speaking after the bank’s quarterly earnings report, Dimon said, “The independence of the Fed is absolutely critical – and ...
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's ...
European Stocks Jump. It’s a Trump, Powell Thing.
European stocks jumped Thursday as the continent’s markets enjoyed a belated recovery from the latest installment of the ongoing feud between President Donald Trump and Federal Reserve Chair Jerome ...
Axios Sneak Peek on MSN1d
Trump denies reports he's close to firing Powell
President Trump denied he was on the verge of firing Fed chair Jerome Powell, despite multiple news reports Wednesday suggesting he'd told congressional Republicans he was close to doing so. Why it ...
Trump says it’s ‘highly unlikely’ he’ll fire Powell after suggesting otherwise in meeting with lawmakers
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after ...