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Trump denies plan to fire Fed chair Powell

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Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
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.

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'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell
What Happens if Trump Fires Fed Chair Jerome Powell?
Equities rise, dollar down with Treasury yields as volatility eases
Equity indexes advanced slightly on Wednesday while the dollar fell with U.S. bond yields, as markets calmed after U.S. President Donald Trump said he was "highly unlikely" to fire Federal Reserve Ch...

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Wall Street hangs near its record as PepsiCo and United Airlines offset drops for health care stocks
Santa Rosa Press Democrat · 1d
Wall Street steady again after Trump downplays threat to Fed Chair Jerome Powell's job
Wall Street cruises to more records as PepsiCo and tech stocks rally
Futures for the S&P 500 were unchanged before the opening bell Thursday, while futures for the Dow Jones Industrial Average lost 0.2%.

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Trump may be testing the waters by threatening to fire Fed’s Powell. Why he’s playing a dangerous game.
Trump-Powell Feud Heats Up: Odds Of Fed Chair Ouster Spike
Trump Shreds Fed Chair Jerome Powell: 'Truly One Of My Worst Appointments'
In a letter Thursday, the Federal Reserve chief rejected criticism the White House has leveled at him over the cost of renovation projects.
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
Can Trump fire the Fed chair? He’s building a $2.5 billion excuse
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.
What a Fed Chair Firing Could Mean for the Housing Market
Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic turmoil.
Warsh Says Fed Chair Will Stay Independent Under Trump
Former Federal Reserve governor Kevin Warsh said he believes the next Fed chair will maintain the central bank's independence from political pressure, even under the Trump administration. Warsh was as
Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell
Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.
Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It.
The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans. It remains to be seen whether he follows through with his threat.
Republican senators caution Trump against firing Fed chair Jerome Powell
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.
Trump denies plans to fire Fed Chair Jerome Powell despite what he told Republicans
President Trump denied he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move.
How Housing Regulator Bill Pulte Is Waging a Campaign to Oust the Fed Chair
The Federal Housing Finance Agency, created in 2008 to oversee mortgage giants Fannie Mae and Freddie Mac, has historically been a sleepy agency run by a relative unknown. Its current chief, 37-year-o
Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'
President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve Chairman Jerome Powell, but suggested that might not happen.
'Reduce the credibility dramatically of the central bank.' Trump attacks the Fed chair, sending a chill through the global economy
The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and Max Chafkin discuss on The 11th Hour.
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