White House, Jerome Powell and Trump
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Fed, Jerome Powell
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Soy Nómada on MSNTrump Questions Powell's Leadership at the Helm of the FedIn a renewed offensive, President Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, demanding his resignation over a controversial renovation project and advocating for lower interest rates.
The debate over how and when the tariffs will affect prices has divided central bank policymakers over the trajectory for interest rates.
During a White House briefing, press secretary Karoline Leavitt brandished a sheet of paper listing global central bank rates with President Trump’s message scrawled across.
13hOpinion
The New Republic on MSNTrump Rips Jerome Powell as Feud Shows No Sign of Cooling DownPresident Trump on Friday morning threw barbs at Trump-appointed Federal Reserve Chairman Jerome Powell, against whom he’s railed over and over again in recent months due to the Fed’s refusal to cut interest rates.
Trump tells Bessent, "I like you better," a comment many interpreted as a public signal of Bessent's rising likelihood as a potential successor to the current Fed Chair.