News

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
Federal Reserve governor to step down from role early
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump pressures the Fed to slash interest rates.
Trump and Fed chief Powell bicker during tense central bank visit
Mr Trump wants to oust Mr Powell for refusing to lower rates but likely lacks the legal authority. Read more at straitstimes.com. Read more at straitstimes.com.
Trump to appoint new Fed board member after governor Kugler announces resignation
Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.
Fed governor to resign early, handing Trump immediate opening on board
Federal Reserve governor Adriana Kugler is stepping down from her position early, creating an unexpected opening for President Donald Trump to shape the central bank.
Federal Reserve Governor Kugler Steps Down, Giving Trump Slot to Fill
Federal Reserve governor Adriana Kugler announced that she will step down next Friday, opening up a spot on the central bank’s powerful board that President Donald Trump will be able to fill
Federal Reserve’s Kugler to resign, giving Trump earlier-than-expected opening
It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler wrote in a resignation letter to Trump on Friday. “I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.
Fed Governor Adriana Kugler resigns early in boost for Trump: what to know
On Friday, the Federal Reserve announced Adriana D. Kugler, a member of its Board of Governors, is resigning early in a move that will allow President Donald Trump to select her replacement amid ongoing tensions with Jerome Powell,
Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler
President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.
A Fed governor is resigning, opening a spot for a Trump appointee
A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.
Why Is Powell Clinging to His Job?
Why is the Fed chairman, Jerome Powell, stubbornly clinging to his high interest rate policy? Indeed — why is Mr. Powell ...
The New York Sun18hOpinion
Is Jay Powell Forcing America Into a Recession?
The Fed should be cutting rates immediately, and its chairman should step aside to give President Trump a chance to save the ...
Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...
Tensions Between Trump and Powell at Tipping Point Ahead of Fed Meeting
President Trump wants lower interest rates, but Jerome H. Powell, the chair of the Federal Reserve, is not yet ready to ...
The National on MSN1d
Trump attacks Fed Chair Powell as danger signs flash in US jobs market
President Donald Trump on Friday attacked Fed Chair Jerome Powell as a new US jobs report put employment growth at a much ...
Don’t Fire Jerome Powell, Mr. President
Whatever the Fed chief’s errors, canning him early would be worse.
Have we seen Powell’s last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labour market is currently the primary ...
The New York Sun24y
White House Ramps Up Pressure in Campaign To Nudge Powell Out of Chairmanship of the Fed
White House staffers, too, have been training their guns directly at the Fed chairman, whom Mr. Trump himself appointed to ...
Yahoo Finance14d
Trump will be hit with $60bn bill if he sacks Powell
Ousting Mr Powell, the head of the US central bank, would send Treasury yields soaring, adding crippling costs to the government’s debt interest bill as investors bet on the prospect of higher ...
Fed holds interest rates steady. Will September bring a rate cut? Live updates
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.