President Trump looks on in November of 2017 at his announcement of Jerome Pwowell to be the Chairman of the Federal Reserve. This year, he has been pressuring Powell to cut interest rates, belittled him and threatened to fire him. (Photo by Drew Angerer) Getty Images Federal Reserve Chairman Jerome Powell signaled Friday that the…
Topline President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign after Federal Housing Finance Agency Director Bill Pulte accused her of mortgage fraud, the latest instance of the Trump administration levying similar claims on high-profile Democrats and Trump opponents. The Trump administration has levied mortgage fraud accusations on other high-profile…
Topline The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent dropped out of consideration, President Donald Trump said Tuesday amid his growing feud with Powell over the agency’s decision to hold interest rates. Jerome Powell’s term expires in 2026, despite pressure from Trump…