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 ...
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.” ...
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 ...
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 ...
Instant view: Markets gyrate on brief scare that Trump will fire Fed's Powell
The dollar briefly tumbled on Wednesday and Treasury bond yields popped higher on reports citing an unidentified White House ...
Trump keeps everyone guessing on Powell's fate
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely." ...
Trump Denies Plan to Ax Powell After Floating Idea to Lawmakers
President Donald Trump denied he is seeking to remove Federal Reserve Chair Jerome Powell, after raising the idea in a closed ...