President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.
Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
President-elect Donald Trump, in an interview with NBC's "Meet the Press" that aired on Sunday, said he didn't have plans to oust Jerome Powell from his post as Federal Reserve chair. Ask
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
Then here comes Bitcoin, the decentralized, no-rules wild card of global finance. It’s absolutely no surprise that Powell is skeptical. But the reasons for
President-elect says he has no plans to ask or order Powell to step down, in spite of past criticism of the monetary body
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.
But the president-elect, who during his first term repeatedly threatened to replace Powell, claimed the board chair would resign "if I told him to."
Trump added that he didn’t think Powell, who he has sparred with in the past over interest rate levels, would go quietly
Yeah, I feel that strong President-elect Donald Trump said in an interview that aired on Sunday that he has no plans to remove Federal Reserve Chair Jerome Powell. Appearing on NBC’s “Meet the ...
David Sacks' newly created position as AI and Crypto 'Czar' under incoming President Donald Trump is being scaled back to a more general
Trump’s ability to project strength and assure voters that he would reduce inflation helped him win November’s election. Stocks initially climbed on the prospect of tax and regulatory cuts, but Trump still faces a skeptical public and appears to be starting his presidency from a more delicate position than Biden did four years ago.