Trump’s War with Jerome Powell and Fed Is Far from Over
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Eyes were closed, heads were shaking and backs were slapped. The nonverbal cues at the president's visit to the Federal Reserve are worth another look.
Tensions continue to rise between President Trump and Federal Reserve Chair Jerome Powell and their latest disagreement happened in front of the public.
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
Amid an escalating campaign by the Trump administration against Federal Reserve Chair Powell, an AI-generated letter made its rounds online.
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Jerome Powell could ruin this stock market rally: Jeff SicaCircle Squared Investments founder Jeff Sica accuses Fed Chair Jerome Powell of being 'petty' and potentially causing a credit crisis on 'Varney & Co.'
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President Trump will loom large over the Federal Reserve's policy meeting this week, even if the central bank does what the market expects and keeps interest rates on hold.
On 'Will Cain Show' Charlie Gasparino criticized Jerome Powell as Federal Reserve Chairman: LAWRENCE JONES: And there we have it, the president of the United States with the Fed chair right there in his element.
For months, President Donald Trump has been threatening to fire Powell, primarily because the president thinks that short term interest rates, which currently stand at 4.25 to 4.50 percent, are too high. Every time the president flirts with unseating Powell, he has pulled back, but could he actually do it?