Trump reduces the list of candidates for Fed chair as Powell faces a criminal investigation.
Fed Chairman Powell Acknowledges Criminal Investigation by Justice Department Jerome Powell, the Chairman of the Federal Reserve, has confirmed that the central bank is under scrutiny from the Justice Department regarding claims related to his Congressional testimony about renovations at the Fed’s headquarters. This investigation is, well, rather unusual and seems to signal an escalation […]
Bill O’Reilly Points Out Key Concern for Trump Following DOJ Investigation of Jerome Powell
O’Reilly Discusses Trump’s Legal Challenges Former Fox News host Bill O’Reilly expressed concerns on Monday regarding President Donald Trump’s precarious situation, especially in light of ongoing surveillance on his political rivals by the Department of Justice (DOJ). O’Reilly shared his thoughts on NewsNation’s “On Balance with Leland Wittert,” particularly focusing on Federal Reserve Chairman Jerome […]
Powell Takes a Stand Against the Trump Administration
The Dramatic Martyrdom of the Fed Chairman Jerome Powell has decided he’s part of a confrontation with the Trump administration, so he is taking a stand. In an unprecedented move, Powell released a video Sunday night accusing the Trump administration of leveraging the Justice Department to pressure the central bank. This was shared with the […]
Dina Powell McCormick Appointed President and Vice-Chair of Meta
Dina Powell McCormick, who has built a substantial career in global finance and served in senior roles during the Bush and Trump administrations, has been appointed President and Vice Chairman of Meta. This decision has garnered praise from both President Donald Trump and her husband, Senator Dave McCormick (R-Pa.). Powell McCormick has been involved with […]
Fed Chair Jerome Powell is worried about a possible criminal charge as tensions between Trump and the Fed grow.
Tensions Rise Between Trump Administration and the Fed Recent tensions have escalated between the Trump administration and the Federal Reserve. According to Federal Reserve Chairman Jerome Powell, the Justice Department has issued a grand jury subpoena to the Fed. In a video shared on the Federal Reserve’s official account, Powell explained that the Justice Department […]
Gold price update for today, Monday, January 12: Gold reaches over $4,600 following Powell subpoenas
Gold Futures Update Gold futures started the week at $4,529.10 per troy ounce, reflecting a 0.6% increase from Friday’s closing price of $4,500.90. Prices even surpassed $4,600, marking a new all-time high. Gold experienced a surge following an announcement from Federal Reserve Chairman Jerome Powell regarding a Justice Department subpoena aimed at the central bank. […]
Under legal examination, Powell shares what might make him resign.
Fed Chairman Powell on Justice Department Investigation Federal Reserve Chairman Jerome Powell recently acknowledged that the central bank has engaged with the Department of Justice concerning allegations related to his testimony in Congress about the renovations of the Federal Reserve’s headquarters. As political and legal pressures mount, Powell addressed what would lead him to step […]
Senator Thom Tillis from the GOP plans to prevent any of Trump’s Federal Reserve nominees due to the inquiry into Powell.
Tillis Blocks Trump’s Fed Nominee Amid Powell Investigation North Carolina Senator Thom Tillis announced on Sunday that he plans to block President Trump’s nominee for the Federal Reserve, in light of a Justice Department investigation into Chairman Jerome Powell. This decision from Tillis could make it more complicated for the Senate Banking Committee, which includes […]
Sen. Thom Tillis Promises to Prevent All Federal Nominees Following Investigation into Jerome Powell
Thom Tillis Threatens to Block Federal Reserve Appointments North Carolina Republican Sen. Thom Tillis has announced plans to obstruct any future Federal Reserve appointments made by President Donald Trump, including positions for chair, in light of a criminal investigation by the Justice Department into Chairman Jerome Powell. Tillis, who is a former congressman and currently […]
Tillis vows to prevent Trump’s Federal Reserve nominee due to Powell inquiry
Senate Republicans are gearing up to block President Donald Trump’s actions regarding Federal Reserve Chairman Jerome Powell’s potential successors. Senator Thom Tillis (R-N.C.) stated that he will oppose any future nominations for Fed chair after it was revealed that Powell is under investigation related to his testimony about Federal Reserve reforms. “If there was ever […]