Jerome Powell finds himself under intense scrutiny from the White House over a controversial $2.5 billion renovation project for the Federal Reserve's headquarters, with calls for his potential ousting amid rising costs and Trump's frustrations with interest rates.
Stock investors reacted sharply to reports that Trump may fire Fed Chair Jerome Powell, causing a nearly 1% decline. Experts warn this could lead to significant shifts in asset strategies and market dynamics.
U.S. stock futures fell slightly after President Trump denied plans to fire Jerome Powell, following a day of gains. Investors shift focus to upcoming earnings reports amidst market fluctuations.
After Trump hinted at firing Fed Chair Powell, bond markets reacted with a split in yields. This unprecedented move raises concerns about market stability and inflation expectations.
As the Trump administration intensifies its attacks on the Federal Reserve and Jerome Powell, the Fed pushes back with a new FAQ page defending its $2.5 billion renovation, highlighting modernization and historic preservation.
In a surprising twist, rumors swirl around Fed Chair Jerome Powell's potential resignation as pressure mounts following accusations of misleading Congress about a costly renovation project. With Trump's administration stepping up the heat, what does this mean for the economy?
Rumors of Jerome Powell's potential resignation are causing a stir, with many believing it could lead to a significant economic boost for America. Could this be the turning point we've been waiting for?
In a striking accusation, Trump's budget chief, Russell Vought, claims Fed Chairman Jerome Powell has mismanaged a $2.5 billion renovation. This raises questions about compliance with federal regulations and the future of Powell's position.
In a surprising move, the Miami Heat have acquired guard Norman Powell from the Clippers in a three-team trade involving the Jazz. This deal reshapes the roster as the Heat aim for a championship run!
Kevin Love reacts to his trade from the Miami Heat to the Utah Jazz in a three-team deal involving the Clippers. Will he stay or be bought out? Discover the latest on Love's NBA journey!