Trump, Powell and Federal Reserve System
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J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.
National security experts raise concerns after Microsoft program exposed as possible avenue for Chinese spying Michael Jackson’s estate says they’ve had to deal with ‘issues’ with his ex-wife Gavin Newsom's warning to Donald Trump over plan for Texas Republicans Andrea Gibson, featured in award-winning documentary, dies at 49 after cancer battle
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
With the passage of the bill, large banks are looking into their own stablecoins or partnering with the sector, while concerns linger about state regulation, the separation of banking and commerce and the disintermediation of the banking system.
CNBC’s Leslie Picker with Bank of America CEO Brian Moynihan, join 'The Exchange' to discuss the banks quarterly results, Fed independence and his interest rate outlook.
Sen. Ron Wyden (D-Ore.) on Thursday slammed the Trump administration for not making deceased sex offender Jeffrey Epstein’s financial records available to Congress and the public. “Big
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
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GB News on MSNWall Street warning: Warren Buffet makes 'bearish' move against Donald Trump's economyWall Street is being urged to "wake-up" to the "bearish" trajectory of the US economy in response to recent actions from legendary investor, Warren Buffet. The chairman and CEO of Berkshire Hathaway,
According to Bank of America's recently released Who Builds the House 2025 Report, new home prices are outpacing inflation, despite the average square footage shrinking. Highlights from the report note that homebuyers are getting less bang for the buck on new builds.
Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence,
Trump wants Powell to lower interest rates in order to boost the economy, but the Fed chair has said the president's tariff plans have kept him from doing so.