Under Powell, the Federal Reserve has navigated the economic impact of the COVID-19 pandemic, the 2021–2023 inflation surge, and global trade instability. His tenure saw a broad uplift in financial markets apart from two stock markets declines in 2020 and in 2022.
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
Why Jerome Powell — not Trump — will decide when the ... - CBS News
President Trump’s effort to push out Federal Reserve Chair Jerome Powell is threatening his ability to finally replace his nemesis. The Senate Banking Committee is scheduled to hold a confirm…
Federal Reserve Chairman Jerome Powell's term is nearing its end while the Trump administration investigates him and a replacement seeks confirmation.
WASHINGTON (AP) — President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve. But instead, an investigation by one of his own officials could end up extending Powell’s time at the top of the central bank even after his term formally ends May 15.
Powell says he will remain Federal Reserve chair if Kevin Warsh isn't ...
President Trump once again threatened to fire Federal Reserve Chair Jerome Powell and doubled down on a discredited probe of the central bank.