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Bessent Made Case Against Firing Powell, Report Says
President Donald Trump stepped up his attacks on Jerome Powell last week–but Treasury Secretary Scott Bessent came to the Federal Reserve chair's defense, The Wall Street Journal reported. Bessent in recent days privately laid out his case to Trump for why he believed Powell shouldn't be fired,
Senate Republicans are warning President Trump that it would be a big mistake to follow through on his threat to fire Federal ...
While Trump may be denying reports he will fire Powell, reports tell a different story. Here's what Tennesseans need to know ...
President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
President Donald Trump denied reports he was planning to fire Jerome Powell. Can he even do that legally? Who nominated the ...
Trump nominated Powell as Fed chair in 2017 but has butted heads with him ever since. US stock futures surged in after-hours trading Tuesday. Dow futures were up more than 500 points, or 1.3%.
President Trump on Friday floated the possibility of firing Federal Reserve Chair Jerome Powell as part of his latest round of intense criticism of the leader of the central bank over its ...
Mr. Trump’s advisers have repeatedly told him that firing Mr. Powell is both legally and financially fraught — and that the uncertainty could cause a significant downturn in financial markets.
President Trump said Tuesday he has "no intention of firing" Federal Reserve chair Jerome Powell, one day after the president called Powell a "major loser" and publicly lobbied the central ...
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Trump Says He Has ‘No Intention’ of Firing Fed Chair PowellTrump has privately raised the possibility of firing Powell to advisers in recent months. Last week, he expressed confidence that he had the authority to oust Powell.
Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep ...
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