Jerome Powell - Page 2

House Judiciary Committee Chairman Jim Jordan (R-OH) on Wednesday said he would look into Trump administration calls to investigate Federal Reserve Chairman Jerome Powell for “political bias” and “deceptive” testimony.

Sen. Bernie Moreno (R-OH) tore into Federal Reserve Chair Jerome Powell during a tense Senate hearing accusing him of staying silent on Democrat-driven inflation while opposing President Trump’s trade policies and costing the U.S. government $400 billion a year.

Federal Reserve Chairman Jerome Powell on Tuesday during a congressional hearing said the nation’s central bank felt compelled to address policies around “reputational risk,” noting that “debanking” is a “serious problem.”

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Committee on Wednesday, June 25.

Fed chair tells lawmakers inflation could rise again due to Trump’s tariffs, keeping rate cuts on hold for now.

President Trump has a rare opportunity to break the cycle of the Fed’s bureaucratic groupthink. Here are three decisive moves he can make.

“TOO LATE’s an American Disgrace!” Trump wrote.

The President joked that maybe he should appoint himself to the Fed.

As speculation builds over who might eventually succeed Jerome H. Powell as chair of the Federal Reserve, Treasury Secretary Scott Bessent says he is not seeking the role and remains focused on his current post.

The private sector added just 37,000 workers to payrolls in May, according to payroll processor ADP. This is the lowest pace of hiring since March of 2023.

Trump is keeping up the pressure on the Fed to cut rates.

President Donald Trump once again took aim at Federal Reserve chairman Jerome Powell on Thursday, apparently unhappy with the central bank’s decision Wednesday to hold its interest rate benchmark steady.

The Fed is stuck between crosscurrents: too strong to ease, too shaky to hike. The best they can do is what they’ve been doing—waiting for the fog to lift.

Removing Jerome Powell as Fed chair might not give Trump the interest rate cuts he wants.

President Donald Trump has no plans to fire Federal Reserve Chairman Jerome Powell, whom he called a “major loser” in a Truth Social post on Monday.

President Trump has been calling for the Federal Reserve to begin cutting interest rates, arguing that its policy is too tight for a slowing economy. Investors increasingly seem to agree with Trump.

“He’s always been too late,” the president wrote, adding that Powell is a “major loser” whose decisions appear politically motivated.

On Thursday’s broadcast of CNBC’s “Squawk on the Street,” Sen. Elizabeth Warren (D-MA) said she is “glad” to publicly blast Federal Reserve Chairman Jerome Powell and say he would be responsible for job losses. But “If Chairman Powell can be

Federal Reserve Chairman Jerome Powell is the latest target of a Donald Trump “Truth Bomb” barrage on his Truth Social platform.

President Donald Trump on Friday called for Federal Reserve Chairman Jerome Powell to lower interest rates, contending it is the “perfect time” to do so. 

President Donald Trump is demanding the Federal Reserve cut interest rates, escalating a high-stakes clash between the White House and the central bank as his administration prepares to unleash a new wave of tariffs.

The Fed cut rates three times under Biden, but now that Trump is in office, Powell says there’s ‘no hurry’ to cut further.

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing, and Urban Development Committee on Tuesday, February 11.

Jerome Powell did a fine job at his press conference Wednesday of staying out of the way of politics despite being peppered with questions from reporters practically begging him to weigh in against President Donald Trump’s policies.

The acceleration of inflation since the Federal Reserve cut interest rates in September suggests that the move was a mistake.

Donald Trump is not going to try to remove Jerome Powell as the head of the Federal Reserve or control monetary policy from the White House.

Breitbart News economics editor John Carney said Friday on Fox Business Network’s “Kudlow” that President-elect Donald Trump will have the power to remove Federal Reserve Chairman Jay Powell once in office.

Breitbart News economics editor John Carney said Wednesday on Fox Business Network’s “Kudlow” that Federal Reserve Chair Jerome Powell may have to resign.

Contrary to the president’s claim, Biden appointed Powell to lead the Fed for a second term in 2021 and has met with the chair multiple times.

Federal Reserve Chairman Jerome Powell says the nation’s unemployment rate is being raised by the inflow of migrants.

With the arrival of thousands of Haitian migrants to Springfield, Ohio, has come more welfare enrollees, higher housing costs for local residents, and a surge in vehicle accidents. 

Cutting rates too quickly could lead to a resurgence of inflation, forcing the Fed into a tighter monetary policy stance down the road.

Powell says Fed needs to cut to prevent further weakening of the labor market.

Democrats on Friday urged the nation’s central bank to cut interest rates now as the unemployment rate surged.

Leftists are desperate for the Federal Reserve to cut interest rates because they hamper the “country’s ability to combat the climate crisis.”

A Fed rate cut on the eve of the election would inevitably be seen as a partisan political gift to incumbent Joe Biden and would invite backlash from Republicans.