News

JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott ...
Banking Dive2d
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's ...
Trump Denies He Is Planning to Attempt to Fire Powell
The president suggested he could attempt to remove the Fed chair for cause, arguing the central bank spent too much money on ...
Sen. Kennedy warns if Trump fires Powell the stock market would crash
President Trump said Wednesday it's "highly unlikely" that he would fire Jerome Powell, but he continued to air his ...