Sen. Tim Scott hopes Jerome Powell resigns from the Fed this month and suggests the chairman has a motive for remaining.
Scott Calls for Powell’s Exit from the Fed In Beverly Hills, Sen. Tim Scott (R-S.C.) expressed his hopes—perhaps even a prayer—that Jerome Powell would step down as chairman of the Federal Reserve when his term concludes this month. However, Scott also acknowledged that if Powell is determined to provoke the president, he might stay on […]
Jerome Powell, It’s Time for You to Leave
Weekly Wrap: A chair you can’t sit on, a boom you can’t hide, and a saint you can’t burn. Welcome to Friday. This is the TotalNews Weekly Wrap, which typically wraps up the week but will be extended for an unspecified time to safeguard the independence of the newsletter policy. It’s the foundation of our […]
What can be done to persuade Jerome Powell to step down from the Fed? Remove his parking space.
This week, Jerome Powell confirmed that he won’t be leaving the Federal Reserve next month after ending his term as chairman. However, some of his critics appear to be exploring ways to change his mind, according to On the Money. “A good idea would be to revoke his parking privileges at the Fed building,” suggested […]
Jerome Powell States He Will Remain a Governor After Finishing His Chair Term
Powell to Stay on Federal Reserve Board After Ending Chairman Role Jerome Powell announced on Wednesday that he will remain on the Federal Reserve Board following his term as chairman, which concludes next month. His choice to stay is influenced by worries regarding the Trump administration’s “legal attacks” on the Fed. Although Powell’s current term […]
Fed chief candidate Kevin Warsh passes important Senate milestone, likely to take over for Jerome Powell
Kevin Warsh, nominated by President Trump to lead the Federal Reserve, has passed a significant procedural step, positioning him to potentially replace Jerome Powell soon amid an unusual bid by the White House to exert control over the central bank. The Senate Banking Committee approved Warsh’s nomination along party lines, with all 13 Republican members […]
DOJ transfers Jerome Powell inquiry to the Federal Reserve Inspector General
DOJ Closes Investigation into Federal Reserve Chairman Jerome Powell The Department of Justice (DOJ) has concluded its criminal investigation concerning Federal Reserve Chairman Jerome Powell. U.S. Attorney for the District of Columbia, Jeanine Pirro, stated that her office is ending its inquiry into the Federal Reserve’s $2.5 billion renovation of its building. Oversight of the […]
Trump’s Justice Department ending criminal investigation of Jerome Powell regarding central bank updates
Justice Department Ends Investigation into Fed Chairman Powell WASHINGTON — The Justice Department has decided to close its criminal inquiry into Federal Reserve Chairman Jerome Powell concerning costly renovations at the Fed’s headquarters in Washington, D.C. U.S. Attorney Jeanine Pirro made the announcement on Friday, stating that the Fed’s inspector general will now look into […]
Trump warns of firing Jerome Powell from the Fed if he refuses to resign
Trump Threatens Powell with Dismissal President Trump has indicated he might terminate Federal Reserve Chairman Jerome Powell if Powell does not choose to resign. He further stressed that he isn’t planning to drop the ongoing criminal investigation into Powell. In an interview with Fox Business’ “Morning with Maria,” set to air on Wednesday, Trump remarked, […]
Jerome Bettis, a Steelers legend, shares his thoughts on Aaron Rodgers and the NFL Draft.
Pittsburgh Steelers and Aaron Rodgers: The Future Ahead The Pittsburgh Steelers made a bold move by bringing in Aaron Rodgers, aiming to end years of unremarkable quarterback performances. Sure, he’s 41 now, but they thought it was worth the risk. In the end, Mike Tomlin, the head coach, has managed to keep the team above […]
Judge denies DOJ request to lift subpoenas aimed at Fed’s Jerome Powell in sharp ruling
A federal judge turned down the Trump administration’s request on Friday to revisit the legality of two subpoenas aimed at the Federal Reserve, which were previously blocked last month. In his ruling, U.S. District Judge James Boasberg stated that the government did not present any new evidence or point out any errors in the earlier […]