News

Can Jay Powell Make It Through the Weekend?
Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.
Trump Keeps Pushing Powell to Lower Interest Rates. It Could Backfire.
The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent ...
Fannie Mae chairman ‘encouraged’ by chatter Powell may consider quitting amid Trump tiff
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position.  “I’m encouraged by reports that Jerome ...
Why Isn't the Fed Cutting Interest Rates? What To Know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Trump sends handwritten letter to Powell demanding ultra-low interest rates
President Donald Trump on Monday continued his extended attack against Federal Reserve Chair Jerome Powell and the central ...
Director of federal agency suggests Fed Chairman Powell is considering resigning
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering ...
White House targets Fed chair Jerome Powell over $2.5B DC HQ renovation: ‘We’re going to hold him accountable’
Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
JPMorgan CEO Dimon says markets under-pricing risk of higher US interest rates
JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S.