Fed, Trump and Jerome Powell
Digest more
The Federal Reserve’s refusal to acquiesce to Trump’s Interest rate cut requests has led Powell to become one of Trump’s biggest targets.
President Donald Trump has relentlessly attacked Fed Chairman Jerome Powell since he retook office, most recently calling him a “fool” Thursday morning after the Fed chose to hold interest rates steady the day prior.
Vice President JD Vance on Thursday doubled down on President Donald Trump ’s attacks on Jerome Powell, claiming the Federal Reserve chair has “been wrong about almost everything.” In an interview with Fox News’ Martha MacCallum, Vance said Trump’s relentless criticism of Powell is justified.
The weeks leading up to Wednesday’s policy decision by the Federal Reserve and subsequent press conference by Fed chair Jerome Powell have been marked by high levels of political pressure from the Oval office.
Fed Chair Jerome Powell has been on the receiving end of counterproductive schoolyard taunts from President Donald Trump.
President Donald Trump’s unprecedented tariffs, particularly on China, and recent attacks on Federal Reserve Chair Jerome Powell caused alarm among some of his top advisers and America’s biggest CEOs,
President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU economist.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.