Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Watch: Fed Chair Jerome Powell Remarks
The Federal Reserve cut interest rates Thursday after its two-day meeting. Chair Jerome Powell held a news conference following the decision. You can watch it here:
Can Trump Fire Jerome Powell? Fed Chairman Says He Won’t Resign If Trump Asks
Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald Trump asked him to, saying he’d have no obligation to leave if the president requested it before the end of his term in 2026.
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
Fed Chair Jerome Powell Says He'd Deny Donald Trump Request to Resign
Federal Reserve Chairman Jerome Powell's term lasts until 2026. President-elect Donald Trump is not expected to reappoint him.
Fed Chair Powell Clearly Tells Trump He's Not Leaving, Dudley Says
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, says Federal Reserve Chair Jerome Powell made it clear to President-elect Donald Trump that he intends to serve out the rest of his term.
The Real Reason Trump Won’t Try To Fire Jay Powell
Federal Reserve Chair Jerome Powell went viral on Thursday for his succinct answer to my question about whether he’d leave if President-elect Donald Trump asked him to. His reply: “No.” It was a strikingly confident response in a volatile political moment.
Could Trump appoint a 'shadow Fed chair' to rival Powell?
Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but could Trump appoint a “shadow” Fed chair to sideline Powell?
Dudley on the Fed Under Trump, Markets, Rate Decisions
Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, talks about how President-elect Donald Trump could impact the Fed. He says there could be some tensions between Trump and Federal Reserve Chair Jerome Powell.
Fed Chair Jerome Powell will sue president Trump if he tries to fire him
Jerome Powell has made it clear that if President Donald Trump attempts to fire him, he’ll sue. He’s said it once, he’s said it a hundred times: The Federal Reserve’s chair can’t be tossed out simply because the Oval doesn’t like interest rate policy.
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Can Trump Fire Jerome Powell?
Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald ...
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The Revolt at the Fed
The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.
Fed chair’s job security depends on embattled Supreme Court precedent
As speculation continues to simmer about whether U.S. President-elect Donald Trump might try to fire Federal Reserve Chair ...
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...