The move paves the way for the Senate to confirm Kevin Warsh, the president’s nominee to head the central bank.
Jerome Powell
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Once again, Trump threatens to fire Fed Chair Jerome Powell
President Trump once again threatened to fire Federal Reserve Chair Jerome Powell and doubled down on a discredited probe of the central bank.
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DOJ subpoenas Federal Reserve in escalating pressure campaign
The Justice Department has subpoenaed the Fed over chair Jerome Powell’s testimony over the central bank’s headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
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Trump visits Federal Reserve and tussles with Jerome Powell in extraordinary moment
President Trump visited the Federal Reserve to inspect an ongoing renovation and disagreed with Powell about the final cost of the project in an extraordinary moment.
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President Trump indicates he’ll let Fed Chair Jerome Powell serve out his term
President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now. His comment comes as he and his administration continue to attack Powell.
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The Fed holds rates steady, sees only one rate cut in 2024 as inflation cools slowly
The Federal Reserve held interest rates steady while signaling it can cut rates only once this year. The decision came after data earlier showed inflation cooling slightly.
