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If confirmed by the Senate, Mr. Miran, a vocal critic of the Fed chair, Jerome H. Powell, will assume a term that expires Jan. 31. Mr.
Mounting criticism of Powell from the Trump White House The Federal Reserve chairmanship, currently held by Jerome Powell, will become vacant when his term expires in May 2026. Trump has spent the ...
President Donald Trump resumed his criticism of Federal Reserve Chair Jerome Powell after the central bank declined to cut interest rates, ending a short-lived détente.
President Trump blasted Federal Reserve Chair Jerome Powell on Thursday, lodging insults at the head of the central bank for opting again to not lower interest rates. “Jerome ‘Too Late ...
Trump nominated Powell to serve as Fed chair in 2017 at the direction of then-Treasury Secretary Steven Mnuchin. Powell's first term as Fed chair began in February 2018.
President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board and that he was leaning toward a short-term appointment rather than ...
The Fed declined CNN’s request for comment. “Powell is going to regret holding rates steady this week,” Jamie Cox, managing partner at Harris Financial Group, said in commentary issued Friday.
The referral centers on Powell’s June 25 statements under oath before the Senate Committee on Banking, where he addressed the $2.5 billion renovation of the Fed’s historic Eccles Building.
President Donald Trump presents Federal Reserve Chair Jerome Powell with what Trump called a list of cost overruns for the Federal Reserve’s $2.5 billion headquarters renovation project in ...
If Powell doesn't “substantially” lower rates, Trump posted, “THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!” Two of the seven Fed governors, Christopher ...
But just because the S&P 500 and Nasdaq Composite have hit new highs doesn't mean Wall Street's biggest showdown -- Donald Trump vs. Federal Reserve Chair Jerome Powell -- is taking a back seat ...
Powell's response to being blamed for the housing-affordability crisis Asked at this week's Fed policy meeting about 7% mortgage rates and housing affordability, Powell said he doesn't believe the ...