The Trump administration’s attacks on the Federal Reserve have rattled confidence in the central bank’s ability to operate independently before a leadership transition.
Category: Powell, Jerome H
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Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell
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.
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Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label
Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates.
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Kevin Warsh, Trump’s Fed Chair Pick, Faces Skepticism Over Claim of Independence
Kevin Warsh’s nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
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Kevin Warsh, Trump’s Pick to Lead Fed, Faces Senate at Tricky Moment
Kevin M. Warsh has enough support to become the next chair of the Federal Reserve, but a criminal investigation into the central bank stands in his way.
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Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick
Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stands in the way of a smooth transition.
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Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
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Trump Threatens to Fire Powell if He Does Not Resign From Fed
Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over.
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Trump Threatens to Fire Powell, Again
The new threat against the Fed chair comes ahead of a Senate confirmation hearing for Kevin Warsh, Trump’s pick to lead the central bank.
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Prosecutors Make Surprise Visit to Fed as Pirro Defends Investigation
The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair.
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Bessent and Powell’s A.I. Anxiety
The Treasury secretary and the Fed chairman reportedly summoned banking leaders to discuss the potential systemic risks of Anthropic’s new model.