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Trump Wants to Upend Fed. Here’s How Central Bank Works.

The Wall Street Journal on MSN · 13h

Trump Wants to Upend the Fed. Here’s How the Central Bank Works.

It is unclear whether Trump might seek to remove Powell as the head of the central bank. But even doing so wouldn’t necessarily give him control of the agency that makes policy

The Baltimore Sun · 7h

Trump’s threats to fire Fed chair put central bank’s independence into question

President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position

Trump says he's eager for Fed Chair Jerome Powell's 'termination'

The remarks came a day after Powell voiced alarm about Trump’s tariff policy, saying it would likely hike inflation and slow economic growth. Powell indicated that the Fed may approach interest rates with restraint as policymakers observe the economic effects of Trump's tariffs.

18hon MSN

Fed proposes averaging large bank stress test results to reduce volatility

The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to ...

19hon MSN

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh

President Donald Trump on Thursday again made clear his disdain for Federal Reserve Chair Jerome Powell, going so far as to ...

1don MSN

Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money

Anna Paulson, a career economist at the Federal Reserve's Chicago bank, will take over as president of the Federal Reserve ...

15hon MSN

Trump's criticism of Fed chief Powell has long history but latest could be most damaging

President Trump's criticism of Fed's Powell was just the latest in a flurry of attacks on the Fed chief going over interest ...

1don MSN

Federal Reserve Bank of Philadelphia names Anna Paulson as president

The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next ...

2don MSN

Fed's Hammack sees steady monetary policy as central bank seeks more data

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

2don MSN

Fed's Powell says tariffs could lead to inflation, economic slowdown

Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.

1don MSN

Trump is furious that Fed won’t cut interest rates like ECB. Here’s why Powell won’t budge.

Federal Reserve Chairman Jerome Powell is infuriating President Donald Trump by not moving to further cut interest rates, in ...

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