Powell sends one crystal clear message to Trump: Firing him is ‘not permitted under the law’
At a news conference following the Fed’s decision to lower its benchmark interest rate by a quarter point, Powell steered clear of questions about the policy implications of the presidential election. But when questioned if he would leave his post if asked by Trump, he answered simply, “No.”
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
Powell pointedly sidestepped a question about how his picture of a “strong” economy contrasted so markedly with the lived ...
Federal Reserve Chair Jerome Powell said Thursday that he will remain in his role through the duration of his term even if ...
Will President-elect Donald Trump try to fire Jerome Powell before the Fed chairman's term ends? Don't bet on it, say ...
Federal Reserve Chair Jerome Powell said Thursday he would refuse to resign if President-elect Donald Trump asks him to step ...
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
The FOMC will lower the Fed funds rate target by 25 basis points to a range of 4.50%-4.75%. It’s possible Governor Michelle ...
Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making ...
Overdose deaths are on the decline in Ohio but the epidemic continues. Three people were found dead of apparent overdoses in ...
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