Leavitt criticizes Tillis for hindering Trump’s Federal Reserve nominee during the DOJ’s investigation of Powell
White House Press Secretary Criticizes Senator’s Stance on Fed Chairman Nomination White House press secretary Caroline Levitt has accused Senator Thom Tillis (R-N.C.) of putting the United States in a precarious position. She claims he is essentially “holding our country hostage” by refusing to support President Donald Trump’s choice for a new Federal Reserve chairman […]
Trump chooses a ‘fool’ to replace Powell as Fed chair
Trump Nominates Kevin Warsh to Replace Powell as Fed Chairman President Trump has made his choice for the next Federal Reserve Chairman, nominating Kevin Warsh to take over from Jerome Powell. Warsh, who has a wealth of experience and previously served on the Federal Reserve Board of Governors, was noted by Trump as the youngest […]
Sen Thom Tillis plans to oppose Trump’s nominee for the Federal Reserve, Kevin Warsh, due to the Justice Department’s investigation of Powell.
Thom Tillis Opposes Trump’s Fed Chairman Nomination Amid Ongoing Investigation Senator Thom Tillis (R-N.C.) announced that he will block President Trump’s choice for the next Federal Reserve chairman until the administration wraps up its investigation into the current chairman, Jerome Powell. Tillis, who seems to be navigating a careful relationship with the Trump administration, expressed […]
Trump criticizes ‘idiot’ Jerome Powell after interest rates remain unchanged, cautions about tariffs
Trump Criticizes Fed Chair Over Interest Rates President Donald Trump has sharply criticized Federal Reserve Chairman Jerome Powell for choosing not to cut interest rates this month, which has paused a trend of previous quarter-point reductions. On Truth Social, Trump expressed his frustration, saying, “Jerome ‘Too Late’ Powell has again refused to cut interest rates, […]
Jerome Powell Declines to Lower Rates, Resulting in Loss of Hundreds of Billions for the U.S.
Trump Criticizes Fed Chair Over Interest Rates On Thursday, former President Donald Trump expressed his frustration with Federal Reserve Chairman Jerome Powell regarding interest rates, claiming that the refusal to lower them is negatively impacting the U.S. economy and accruing excessive interest costs. In a post on Truth Social, he stated: Jerome ‘Too Late’ Powell […]
Fed Chair Jerome Powell notes consumers are trying to save money due to inflation.
Fed Holds Interest Rates Steady Amid Ongoing Economic Concerns The Federal Reserve has decided to maintain interest rates at their current level, as reported by Edward Lawrence from FOX Business. This announcement comes during a time of rising inflation that continues to affect many American households. Chairman Jerome Powell noted that a significant number of […]
Jerome Powell, the Fed Chair, offers guidance to his successor as his term concludes.
Federal Reserve Keeps Interest Rates Unchanged Amid Economic Concerns According to a report by a White House correspondent, the Federal Reserve has decided to maintain its current interest rates during a segment titled “Making Money.” Chairman Jerome Powell addressed questions regarding his future at the central bank, sharing insights at a recent news conference. Powell’s […]
Powell states that Cook’s Supreme Court case might be a turning point for the US economy.
Implications of Supreme Court Case on Federal Reserve Jerome Powell, the Chairman of the Federal Reserve, expressed concerns on Wednesday regarding a Supreme Court case involving Federal Reserve Director Lisa Cook. He warned that this situation could significantly impact the independence of the central bank and the broader U.S. economy. Powell emphasized, “That case is […]
Central bank maintains interest rates as DOJ investigates Powell amid Trump pressure
The Federal Reserve decided on Wednesday to keep interest rates steady, maintaining the range between 3.5% and 3.75%. This outcome, which some had anticipated, comes amid mounting pressure from President Trump and ongoing scrutiny over Fed Chairman Jerome Powell, who is facing a criminal investigation. At this first meeting of the year, the Fed made […]
Scott Bessent Criticizes Jerome Powell for Supporting Fed Official Accused of Mortgage Fraud
Criticism of Federal Reserve Chair Treasury Secretary Scott Bessent expressed concerns at the World Economic Forum (WEF) on Wednesday, suggesting that Federal Reserve Chairman Jerome Powell has recently infused politics into the central bank by backing troubled governors. Bessent’s criticism targeted Powell amid reports that President Donald Trump is set to attend a Supreme Court […]