News

Private equity billionaire David Rubenstein on Jerome Powell: He's done a very good job
In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...
Fed chair Powell in Trump's firing line
President Donald Trump said Wednesday it was "highly unlikely" he would remove Federal Reserve Chairman Jerome Powell from his post. But he suggested Powell might have "to leave for fraud" over the $2 ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott ...
JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's ...
Wall St ends higher after brief slump on Powell firing confusion
Wall Street benchmarks ended modestly higher on Wednesday, with the Nasdaq Composite posting its latest record finish, despite a chaotic half hour when news reports suggested U.S. President Donald ...
The Biggest Questions in the Powell-Trump Saga
President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he ...
Trump keeps everyone guessing on Powell's fate
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely." ...