Fed, Trump and Powell
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Polymarket traders have raised the likelihood of Fed Chair Jerome Powell's departure after Rep. Luna's cryptic post and top officials' statements.
Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ renovation and resisted rate cuts.
5don MSNOpinion
There are any number of rumors that Jay Powell is being forced to resign. President Donald Trump, of course, is on his case daily for not dropping interest rates in line with low inflation.
5don MSN
Fed Chair Jerome Powell is ‘considering resgining’, according to reports. Chairman of the Board of Fannie Mae and Freddie Mac William J. Pulte issued a statement saying: “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom.”
The stock market does not want Donald Trump to fire Jerome Powell.
Bettors on Polymarket were not convinced about Jerome Powell’s exit as rumors circulated that the Federal Reserve Chair would step down on Monday. What Happened: The odds for the betting ...
False claims that Fed Chair Jerome Powell has resigned are viral, but no official reports or statements support this; Powell has not announced his resignation.
2don MSN
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington,