Powell supports Fed changes in response to Trump’s criticism
On Thursday, Federal Reserve Chairman Jerome Powell addressed criticisms from GOP members regarding the expenses related to renovations of two buildings in Washington. He emphasized that the upgrade was long overdue. “The project has grown to include renovations of two historic structures at the National Mall, built in the 1930s,” Powell remarked. He referenced a […]
The competition to replace Jerome Powell at the Fed has taken a strange turn.
Federal Reserve Chairman Jerome Powell’s tumultuous relationship with President Trump has made quite a few headlines, but it seems the drama isn’t finished yet. As Wall Street responds to the prospect of Trump firing Powell, the buzz around possible successors is generating its own set of surprises. Among those rumored is Bill Pulte, who currently […]
The struggle within Trump’s team regarding the future of Fed Chair Jerome Powell
There are moments when it seems like Donald Trump might actually fire Jerome Powell. But it’s not just Trump who’s uncertain about the future of the Federal Reserve Chairman; his own staff seems to be in the mix as well. Insiders say that opinions are divided on whether the president has the legal grounds to […]
GOP chair: ‘I doubt’ Trump can remove Powell
Rep. French Hill on Trump’s Authority Over Fed Chairman Rep. French Hill (R-Ark.), who chairs the House Financial Services Committee, expressed skepticism on Thursday regarding President Trump’s ability to dismiss Federal Reserve Chairman Jerome Powell. During a press conference, Hill was asked if there’s a chance Trump could fire Powell before his term ends in […]
Warren supports Powell in response to Trump’s criticism
Warren Backs Powell Amid Trump Tension Senator Elizabeth Warren, a prominent figure on the Senate Banking Committee from Massachusetts, expressed her support for Federal Reserve Chairman Jerome Powell on Wednesday. This week, President Trump fluctuated in his stance regarding Powell’s future, hinting at the possibility of firing him before Powell’s term concludes next year—an action […]
Editorial board advises Trump against dismissing Powell
Wall Street Journal Advises Trump on Powell Situation The Wall Street Journal Editorial Board advised President Trump on Wednesday not to act on his threat to fire Federal Reserve Chairman Jerome Powell, cautioning that such a decision could lead to worse consequences than the current situation. “It can be difficult to gauge whether President Trump […]
Republican senators caution Trump that dismissing Powell would create significant disruption in the economy.
Republicans Caution Trump on Firing Fed Chairman Powell Senate Republicans have expressed their concerns to President Trump regarding his threat to fire Federal Reserve Chairman Jerome Powell, describing such an action as potentially disastrous. They suggest it could trigger a “shock wave” throughout financial markets, impacting the broader economy. GOP Senators, including some of Trump’s […]
Futures remain mostly steady after stocks gained following Trump’s remarks denying plans to dismiss Powell: Live updates
Market Update Following Trump’s Comments on Jerome Powell A trader was present on the New York Stock Exchange on July 15, 2025. It’s quite an interesting time in the markets. As of Wednesday night, US stock futures showed some declines. This drop came a day after President Trump clarified that he doesn’t plan to dismiss […]
Republicans divided on if Trump should dismiss Powell
If President Trump decides to dismiss Federal Reserve Chairman Jerome Powell, it seems Republican lawmakers could be divided on the issue, with some urging him to keep Powell on board. Trump indicated in a meeting that he was considering firing Powell, according to a White House official and another source. However, the next day, he […]
Noem hints at changes in TSA, Trump rejects idea of firing Powell
It’s Wednesday. Today was quite eventful—my first experience at the Hillnation Summit. And, by the way, there’s a council softball game happening tonight! In today’s issue: The Hillnation Summit is in full swing Trump refutes intentions to fire Powell Noem hints at a relaxed TSA policy The President labels Epstein’s outrage as “Bulles” The Senate […]