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Fed's Powell said he won't resign if Trump asked him to
Jerome Powell Appears Defiant In Face Of Prospect Of Trump Asking Him To Resign
Federal Reserve chair Jerome Powell on Thursday said he wouldn’t resign from his role even if President-elect Donald Trump requested he do so, suggesting the move would be illegal.During a press conference with reporters after the Fed’s decision to cut interest rates by 0.
Can Trump Fire Jerome Powell? Fed Chairman Says He Won’t Resign If Trump Asks
Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald Trump asked him to, saying he’d have no obligation to leave if the president requested it before the end of his term in 2026.
Opinion
Trump Is Stuck With the Fed’s Powell. Will He Make Peace?
Fortunately, there’s a clear way for him to mitigate that damage and start his term on the right foot with bond markets: He should declare his full faith in Federal Reserve Chair Jerome Powell, whose term runs until May 2026, and pledge to hold his tongue on matters of monetary policy.
Hosted on MSN
4h
Trump Is Coming for Jerome Powell. What It Means for Interest Rates, and 5 Other Things to Know Today.
Jerome
Powell
doesn’t seem to mind a rematch with Donald Trump, in fact he seems up for the fight. The Federal Reserve ...
9h
Powell sends one crystal clear message to Trump: Firing him is ‘not permitted under the law’
At a news conference following the Fed’s decision to lower its benchmark interest rate by a quarter point, Powell steered ...
Business Insider on MSN
19h
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Federal Reserve Chair
Jerome
Powell
has no plans to leave the central bank prematurely under Donald Trump. The Federal ...
1d
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome
H.
Powell
, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him ...
3h
Powell's words matter, but his actions matter more: McGeever
If bond investors take away one lesson from the last few years, it's this: pay attention not so much to what Jerome Powell ...
Yahoo Finance on MSN
19h
Jay Powell says Donald Trump couldn't fire him even if he tried
President-elect Donald Trump has sent mixed signals for years on whether he would fire or demote Jerome Powell. But Powell ...
8h
on MSN
CNBC Daily Open: Powell emphasizes that elections won't sway Fed's policy
If inflation resurfaces because of the incoming administration’s policies, the Fed’s likely to stay its hand in lowering ...
17h
on MSN
Fed chair Jerome Powell says he wouldn’t quit if Trump asked him to, after cutting rates – as it happened
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