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Stock Markets Are Right to Downplay the Trump-Powell Drama. Here’s Why.
Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.
White House defends tariffs on Brazil despite trade surplus
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
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Markets rattled by 'credible threat' Trump tries to fire Powell
The reaction in major asset classes may convince the administration that firing Powell will not prove to be a panacea for the ...
How the White House is broadening its pressure campaign on Fed chief Jerome Powell
President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...
White House makes bold decision on Fed Chair Powell's future
The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.
Investors seek protection from risk of Fed chief's ouster
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to ...
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White House says patriotism keeps Trump’s tariffs from driving inflation
Patriotism is now being used as an inflation control strategy by the White House, according to economic advisor Kevin Hassett ...
White House Seizes on Fed Renovations as Opening to Oust Powell
A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed ...
Hassett says White House probing Fed renovation costs, authority to fire Powell
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...