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President Donald Trump on Wednesday reiterated his call for Federal Reserve Jerome Powell to resign, saying the central bank leader should do so immediately. In a Truth Social post on Wednesday, in the late afternoon, Trump wrote, "Too Late" should resign immediately!!! He also linked to a Bloomberg story headlined, "Fed Chair Should Be Investigated by Congress, FHSA Head Says." Powell was...

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President Donald Trump said on Tuesday he has two or three top choices to replace Jerome Powell as Federal Reserve chair. Powell, whose term ends in May 2026, was nominated by Trump to lead the U.S. central bank during his first administration. When asked abroad Air Force One whether he has a top choice to succeed Powell, Trump told reporters, "I have two or three top choices," but declined...

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U.S. Federal Reserve chair Jerome Powell reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again setting aside President Donald Trump's demands for immediate and deep rate cuts. "We're simply taking some time," Powell said at a central bank gathering in Portugal, a day after Trump sent him a handwritten...

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