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The Latest Breaking News from Jerome Powell

For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it

A noncredible chair would face resistance from inside the Fed, former Fed Vice Chair Richard Clarida says.

Fortune

US Stocks Likely To Open On A Mixed Note: Netflix, PepsiCo, TSM Earnings In Focus

U.S. stock futures were swinging between gains and losses on Thursday after ending higher on Wednesday. Futures of major benchmark indices were mixed.

Benzinga

House passes aid and broadcasting cuts – as it happened

This blog is now closed

The Guardian - AU

From analysis to the latest developments in health,
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Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve

The Independent UK

Trump considered firing Fed Chair but said he is 'highly unlikely' to do so

President Donald Trump rocked Wall Street temporarily by saying he had “talked about the concept of firing” the head of the Federal Reserve, but was unlikely to do so, ”unless he has to leave for fraud”.

Euronews

Bitcoin, Ethereum, Dogecoin Climb Amid Trump-Powell Turbulence: Analyst Says BTC Could Reach $3 Trillion Market Cap By Year-End If This Happens

Leading cryptocurrencies rose alongside stocks on Wednesday as President Donald Trump denied that he plans to remove Federal Reserve Chair Jerome Powell.

Benzinga

Asian Stocks Struggle As Traders Eye Fed Saga, Trade War

Asian markets fluctuated Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the head of the US Federal Reserve.

International Business Times

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Trump news at a glance: Musk mocks ‘Epstein hoax’ claims after president blasts its ‘stupid’ believers

Musk says Trump should release files and ‘point out which part is the hoax’ as the president struggles to contain crisis within Maga base. Key US politics stories from Wednesday 16 July at a glance

The Guardian - US

‘Surprised’ Trump appears to forget he appointed Powell as Fed chair before blaming Biden for keeping him on

Seeming gaffe comes a day after he fabricated a story about his uncle and Unabomber Ted Kaczynski

The Independent UK

Donald Trump says he will fire the Fed Chair, then says he won’t — so who’s he lying to this time?

Why approve a bill you’re just going to cut to pieces later?

We Got This Covered

Trump-Powell Feud Heats Up: Odds Of Fed Chair Ouster Spike

A political firestorm erupted on Wall Street Wednesday as speculations surged that President Donald Trump could fire Federal Reserve Chair Jerome Powell before his term ends, reigniting fears over central bank independence.

Benzinga

Markets have a frenzied day on rumors Trump might fire Jerome Powell

Stocks plummeted when a series of reports indicated president Donald Trump was close to firing the Fed chair. They soared once he denied them.

Fortune

Trump Blames Biden for Appointing 'Terrible' Jerome Powell. Trump Appointed Powell in 2017

In Trump's latest tirade against Fed Reserve Chair Jerome Powell, he blamed Biden for Powell's appointment—despite Trump himself nominating Powell in 2017.

Latin Times

Stock Market Today: Powell Rumors Spark Volatile Day for Stocks

Stocks sold off sharply intraday after multiple reports suggested President Trump is considering firing Fed Chair Jerome Powell.

Kiplinger

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Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Bounce Back As Bulls Take Control Again?

Cryptocurrency markets are trading higher on Wednesday after President Trump dismissed rumors that he may remove Federal Reserve Chair Jerome Powell from his post.

Fortune

Trump won't rule out sacking Powell as Jamie Dimon works to shield the Fed chair

Trump has listened to Dimon in the past, notably a famous Fox Business interview with Maria Bartiromo.

Al Jazeera

Trump repudiates draft letter to fire US Fed chair Powell

Trump acknowledged discussing firing Powell with Republicans but denied a letter had been drafted to do that.

Benzinga

Gold, Bitcoin Surge As Trump Eyes Powell Ouster: What's Moving Markets Wednesday?

Volatility surged across interest rate-sensitive assets Wednesday after reports circulated that President Donald Trump may be preparing to remove Federal Reserve Chair Jerome Powell from his post. The rumors sparked fears over the Fed's independence, triggering a broad flight to gold and a sell-off in the U.S. dollar.

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news in one place.

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International Business Times

Trump Says Not Firing Fed Chair -- But Not Ruling Out

US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added that he did not rule it out.

Benzinga

Donald Trump To Fire Jerome Powell? Polymarket Traders Say 'No, But...'

Wagers on the decentralized predictions platform Polymarket suggest a growing belief that Donald Trump may move to oust Federal Reserve Chair Jerome Powell, with traders assigning a 22% probability to the scenario playing out by the end of 2025.

The Guardian - US

Trump privately indicates he may soon fire Fed chair Jerome Powell

The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack him

The Independent UK

Trump’s calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

The president’s public about-face on firing Jerome Powell is sure to have critics call it another TACO, or ‘Trump Always Chickens Out,’ moment.

Evening Standard

London stocks slip after reports that Trump will fire Federal Reserve boss

The FTSE 100 index closed down 11.77 points, 0.1%, at 8,926.55.

Roll Call

Trump’s Epstein tirade, Fed chair threats drown out Vance’s ‘big’ bill sales pitch - Roll Call

Vice President Vance went to Pennsylvania to sell Republicans' tax law, but President Trump stole the show with more Oval Office theatrics.

Latin Times

Trump Reportedly Moving To Fire Fed Chair Jerome Powell

President Donald Trump is moving to fire Federal Reserve chair Jerome Powell, according to different reports

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Luiz Inácio Lula da Silva

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