News

White House says Trump wrote Powell to urge lower rates
U.S. President Donald Trump wrote Fed Chair Jerome Powell urging him to lower interest rates, White House press secretary ...
See Trump's handwritten note to Jerome Powell complaining about interest rates
President Donald Trump remains displeased by the Fed's decision to hold interest rates steady.
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Powell should be investigated by Congress over deceptive testimony, Trump official says
As White House officials including the president escalate attacks on the central-bank chair, the director of the Federal ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
'Should be here': Trump pens handwritten note to Powell demanding lower interest rates
President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...
Trump Administration Will Focus on Fed Chair Replacement in Fall, Bessent Says
U.S. Secretary of the Treasury Scott Bessent speaks during a press conference following a weekly policy luncheon on Capitol ...