Powell, Trump and resignation
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Sen. Mike Lee (R-UT) deleted a social media post on Tuesday featuring a fake resignation letter supposedly written and signed by Federal Reserve Chairman Jerome Powell. Lee initially celebrated Powell’s alleged departure from the central bank before quickly deleting the post.
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.
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The New Republic on MSNGOP Senator Falls for Obviously Fake Resignation Letter From PowellRepublican Senator Mike Lee joined the MAGA chorus sharing a typo-filled letter claiming to be from Fed Chair Jerome Powell.
Jerome Powell is concerned about the optics if he resigns from the central bank because the president wants him to.
President Donald Trump on Wednesday dramatically escalated his rhetoric against Federal Reserve Chair Jerome Powell, calling for the resignation of the U.S. central ... But the U.S. central bank has resisted Trump’s calls, citing concerns about the ...
Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the Fed has not only badly hamstrung monetary policy for years but has stuck the taxpayer with a massive bill atop a general cost-of-living crisis.
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down.
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,