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 ...
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 ...
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 ...
Powell shares what it would take for him to leave the Fed, book reveals
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 goes to bat for Powell amid Trump criticism
Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.
If Powell Is Out... The Ship Sinks
The Fed's independence is key for dollar stability. Firing Powell and tariff-driven policies could impact inflation, interest ...
Trump's hoped-for 300-basis-point rate cut looks unlikely, no matter how Powell saga ends: FHN
Treasury yields were steadier Thursday — but higher — after President Donald Trump suggested he might move to fire Federal Reserve Chair Jerome Powell, before backing off. No matter how the "Powell ...