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.
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.
President-elect says he has no plans to ask or order Powell to step down, in spite of past criticism of the monetary body
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
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter).
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.
The potential impact of President-elect Donald Trump's policies remained top of mind for consumers in December, per the Conference Board.
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US Federal Reserve chair Jerome Powell says some are trying to judge how Donald Trump’s tariffs, taxes, and immigration curbs might affect policy.
Donald Trump’s controversial policies set him up for an inevitable clash with old sparring partner Jerome Powell.
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank.