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Powell once said he couldn’t imagine leaving the Fed early—other than dying. ‘You will not see me getting in the lifeboat’
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...
With Trump threatening Powell, what's at stake with an independent federal reserve?
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...
'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
Private equity billionaire David Rubenstein on Jerome Powell: He's done a very good job
In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...
Wall Street is coming to the Fed's defense
Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies. JPMorgan Chase (JPM) CEO ...
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Trump says he's not planning to fire Powell, but leaves door open
President Donald Trump denied reports Wednesday that he plans to fire Federal Reserve Chairman Jerome Powell, but said he wouldn't rule it out completely. Trump said Tuesday that overruns on a Federal ...
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 ...
Bank CEOs Are Coming Out Fighting for Fed Independence
Goldman Sachs Chief Executive David Solomon, Bank of America head Brian Moynihan and Citigroup’s Jane Fraser said on ...
Public Views of the Fed Chair Are Polarized as Trump Mulls His Firing
Few Americans have confidence in the chairman, Jerome Powell, to do the right thing on the economy, though attitudes are deeply partisan.
Trump won’t rule out sacking Powell as Jamie Dimon works to shield the Fed chair
The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...
Trump deflects reports on firing Fed Chair Powell ‘soon’
U.S. Treasury two-year yields dropped sharply after Bloomberg reported that Trump is likely to fire Federal Reserve Chair Jerome Powell soon, citing an unidentified White House official. Such reports ...