News

Trump, Fed and Jerome Powell

Trump’s Fed Chair Search Expands. Meet the New Contenders.
James Bullard, a former St. Louis Fed president, and economic consultant Marc Sumerlin are in the running to succeed Jerome Powell.
Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’
The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top job at the central bank.
Can Trump fire Jerome Powell? What to know about Fed chair Trump calls ‘too stupid’
President Donald Trump has long criticized Jerome Powell about interest rates. The Federal Reserve did not drop rates recently. Can Trump fire Powell?
Trump team widens search for Powell successor at Federal Reserve: WSJ
President Donald Trump's economic advisers have expanded the pool of potential successors to Federal Reserve Chair Jerome Powell, according to [a Wall Street Journal report](
Trump’s Team Expands Search for Fed Chair, Adding New Names to List
The president’s advisers are reviewing new contenders, including former St. Louis Fed President James Bullard and Marc Sumerlin, a former George W. Bush adviser.
Trump admin considering two new candidates to be next Fed chair: report
President Trump’s team is reviewing new contenders to lead the Federal Reserve once Chair Jerome Powell’s term ends in May, including a longtime economic consultant and a past regional Fed president,

Who’s on Trump’s short list for Jerome Powell’s replacement at the Fed

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...

Trump Says Treasury’s Bessent Rules Out Replacing Powell at Fed

With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements ...

Trump nominates Powell critic for vacant Fed seat

Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been ...

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

Trump’s pick for the Fed ‘fuels an existential threat’ as central bank independence is targeted, JPMorgan says

"The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes." ...

Trump Picks Powell Critic to Temporarily Fill Fed Vacancy

Days after the devastating July 4 flooding in Texas, President Trump signed a memorandum classifying Weather Service ...

Here's What Happens to the Economy if Trump Fires Jerome Powell and Installs a Loyalist at the Fed

President Donald Trump wants to lower interest rates to approximately zero, a change that could goose the economy in the ...

Trump Favors Short-Term Fed Pick to Preserve Powell Succession Options

President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...