Donald Trump, Powell and Fed
Digest more
White House, Fed and Washington headquarters
Digest more
Fox Business on MSN20m
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warnsJ.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this year that President Donald Trump would need a reason, or cause, to fire Federal Reserve Chairman Jerome Powell.
39m
Irish Star on MSNCNN anchor gets to the bottom of guest's opinion on Trump's Federal Reserve planElizabeth Warren spoke out against Donald Trump's pursuit of the Federal Reserve chairman, expressing worry over the outcome it could have on the global economy
The Federal Reserve may already have the so-called shadow chairman that President Donald Trump has said he might soon appoint in a move that could be seen as part of a pressure campaign to lower interest rates and reduce government borrowing costs.
Wall Street's main indexes moved lower on Friday after the Financial Times reported that President Donald Trump was pushing for steep new tariffs - at least 15% to 20% - on all European Union goods.
Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome Powell.
Donald Trump blamed his predecessor Joe Biden for appointing a 'terrible' Federal Reserve chair. Except Biden wasn't the president who handed Jerome Powell the job — Trump was