Trump signals no plans to fire Federal Reserve chair

President backs off criticism of Fed chair

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In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss: The Trump administration's focus on Fed Chair Jerome Powell. The role of an independent Federal Reserve bank for the market and investors. Netflix's earnings and status as a "recession-proof" stock. Then Motley Fool host Anand Chokkavelu and contributors Dan Caplinger and Rick Munarriz talk about Shopify.Where to invest $1,000 right now? Our analyst team just reveale…

Trump backs off, again

San José, CA – Once again, President Trump backed off in his trade war. On Tuesday, April 22, President Trump said that he would not fire Jerome Powell, chair of the Federal Reserve Bank, and that the current 145% tariffs are “not sustainable”. This led to a rally in U.S. stocks and bonds, and the U.S. dollar rose as investors showed signs of relief. This is the third time that Trump has backed off after CEOs yanked at his leash. First it was th…

Trump distances himself from his key appeal to voters as Wall Street closes in: report

President Donald Trump has reportedly backed down somewhat on his populist message as Wall Street stakeholders have expressed concerns about his tariffs.The president has toned down his hostile rhetoric toward China and Federal Reserve chair Jerome Powell since the stock market plunged again Monday ...

Trump Pretends He Never Suggested Firing Jerome Powell

Steve Benen, MSNBC The president might want to admit that he's retreating, but it'll probably be awhile before he echoes his own rhetoric about the Fed chair's "termination."

In less than a week, Trump has gone from signaling the firing of the US central bank chief to dismissing it all as media-created nonsense. Investor disapproval is affecting the president, experts say.