President Trump has expressed his frustration with Federal Reserve Chair Jerome Powell, particularly regarding interest rates and planned renovations. While he stated firing Powell is "highly unlikely,

Stocks had been rising modestly in the morning, before news reports saying that Trump was likely to fire the Fed chief, which quickly sent the the S&P 500 down by 0.7%. When later

El presidente Donald Trump probablemente despedirá pronto al titular de la Reserva Federal, Jerome Powell, según señaló un funcionario de la Casa Blanca, quien discutió la posible medida en una reunión con republicanos del Congreso el martes por la noche.

US President Donald Trump has launched a scathing attack on Federal Reserve Chair Jerome Powell, accusing him of mismanaging a $2.5 billion renovation of the U.S. central bank. In public remarks, Trump mocked Powell’s leadership and highlighted what he claims are repeated failures by economic experts.

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.

House deals a blow to “Crypto Week,” ASML warns on 2026 growth, a promising Chinese weight-loss drug, and more news to start your day.

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."