Trump, Powell and Federal Reserve
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Trump administration, U.S. District Judge
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President Donald Trump told reporters he would not fire Federal Reserve Chair Jerome Powell despite growing tension between the two over interest rates.
President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression that the head of the U.S. central bank might be ready to lower interest rates.
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.
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The Federal Reserve's $2.5 billion renovation that has been bothering President Donald Trump comes into focus with new photos.
President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair correct the president.
TRENTON, N.J. (AP) — President Donald Trump has moved to keep his former defense attorney Alina Habba on the job as the top federal prosecutor in New Jersey, even though a panel of judges refused to extend her tenure.
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Donald Trump is rarely fact-checked by his own appointees on camera. Federal Reserve Chairman Jerome Powell did it anyway.