-
Trump’s actions unlikely to affect Fed’s independence
Plenty of President Trump’s recent acts as president are making headlines, but there has also been a steady stream of stories about something he hasn’t done: Remove Jerome Powell as chair of the Federal Reserve. The two previous Fed chairs, Ben Bernanke and Janet Yellen, have warned that such a move would upset financial markets and hurt the economy by subverting monetary policy to political whim. Meanwhile, Trump backers are urging him on. The good news for Americans is that both Trump’s desire to remove Powell and the concerns of those who fear it are misguided: Ending Powell’s chairmanship now, or ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From federalreserve.gov|Aug 9, 2025Thank you for inviting me to speak to you today. It is wonderful to join you again this year, now as the Fed's Vice Chair for Supervision. Since assuming this important financial ...
From msn.com|Aug 9, 2025China’s consumer prices were unchanged in July, reflecting the continued pressures of weak domestic demand and trade uncertainty. The National Bureau of Statistics (NBS) reported ...
From marketpulse.com|Aug 9, 2025Cryptocurrencies have found a decent rally amid yesterday's strong session, propulsed by the Ether breaking 4,000 for the first time in 2025 and some positive news. Effectively, ...
-
- Newer Stories
From ecns.cn|Aug 9, 2025As global currency competition intensifies in the digital space, Chinese economists are urging a dual-track approach to strengthen China's monetary position — leveraging both ...
From cnbc.com|Aug 9, 2025|5 commentsU.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an expanded list that includes a longtime economic ...
From cbsnews.com|Aug 9, 2025President Trump says he wants to democratize retirement by allowing 401(k)s to invest in so-called alternative investments, or strategies outside stocks and other traditional ...
