Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would ...

US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to ...

Federal Reserve Chair Jerome Powell firmly dismissed speculation Thursday over his potential resignation or removal upon Donald Trump‘s return to the White House, stating the president cannot ...

The chances of a Fed rate cut in September have spiked, driven by rising uncertainty over Jerome Powell's future. Over the last week, multiple reports ...

President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...

Powell was appointed Fed chairman in 2018 during Trump’s first term. Former President Joe Biden appointed him to another term in 2022. The chairman’s term is set to expire in May 2026.

Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would ...

Powell highlighted the U.S. economy's "robust" expansion, underscored by steady growth and moderating inflation. Despite signs of cooling, the labor market remains solid, with the unemployment ...