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.
Watch live as U.S. Federal Reserve Chair Jerome Powell delivers remarks at Harvard University. Credit: Harvard University...more.
Trump threatens to fire Powell if he stays on Fed board The president also suggested that his administration will not drop its criminal probe into the renovations of the central bank's headquarters.
The decision to end the inquiry into Jerome H. Powell’s handling of the Federal Reserve’s renovation could allow Kevin M. Warsh, the president’s pick for Fed chair, to be confirmed.
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 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
The move probably paves the way for the Senate to confirm Kevin Warsh, President Donald Trump's pick to replace Powell.
DOJ drops Powell probe, but successor's confirmation remains in limbo - MSN