Donald Trump, Jerome Powell
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There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,
El presidente Donald Trump probablemente despedirá pronto al titular de la Reserva Federal, Jerome Powell, según señaló un funcionario de la Casa Blanca, quien discutió la posible medida en una reunión con republicanos del Congreso el martes por la noche.
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Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over interest rate decisions and previewing upcoming trade deals.
But Wall Street barely flinched Monday, opting to tune out the Trump show and stay focused on the relatively cheerier programming on the horizon: a strong corporate earnings season beginning this week and signs that the economy is still in decent shape.
Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great
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