Leading Contenders To Replace Jerome Powell
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President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
An excerpt from "Trillion Dollar Triage" details Fed Chair Jerome Powell’s measured public responses – and more candid private reactions – to Trump’s ongoing threats to fire him.
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
19hon MSN
CNBC's "Closing Bell" team discusses when the Federal Reserve may cut rates, the outlook for markets and more with Jeremy Siegel, chief economist at WisdomTree and professor of finance at Wharton.