Risk of Financial Panic Tempers Trump on Firing Powell

'Could get ugly': Fox reporter spills 'breaking' news on Trump 'risking financial crisis'

A veteran Donald Trump reporter says the president is willing to risk financial crisis in order to enact his biggest agenda items. FOX Biz senior correspondent Charles Gasparino, who reports on Trump often and earned the ire of MAGA when he recently reported that conservatives were wrong to sugg...

Firing Powell would hurt the dollar and U.S. economy, France says

President Donald Trump would put the credibility of the dollar on the line and destabilize the US economy if he fired Federal Reserve Chair Jerome Powell, French Finance Minister Eric Lombard warned.  “Donald Trump has hurt the credibility of the dollar with his aggressive moves on tariffs — for a long time,” Lombard said in an interview published in the La Tribune Dimanche newspaper. If Powell is pushed out “this credibility will be harmed even…

Firing Powell Would Hurt the Dollar and US Economy, France Says

President Donald Trump would put the credibility of the dollar on the line and destabilize the US economy if he fired Federal Reserve Chair Jerome Powell, French Finance Minister Eric Lombard warned.

Powell's Independence Tested by Trump's Monetary Policy Demands

The fate of US Federal Reserve chair Jay Powell looks increasingly uncertain as the Trump administration ramps up pressure on the central back to cut rates faster. Powell has been resolute that he will not be influenced by Trump’s attempts to sway the Fed, instead sticking to its mission of bringing down any inflation that could be caused by tariffs raising prices. “He [has] indicated that the Fed would probably put its anti-inflation mandate ah…

Donald Trump's growing discontent with the US Federal Reserve reached a peak this week when the president threatened to take the unprecedented step of firing the head of the Federal Reserve, which has until now enjoyed complete independence. Trump has repeatedly said he wants interest rate cuts immediately to stimulate economic growth while he unveils his tariff policy, and has threatened to fire Federal Reserve Chairman Jerome Powell if...

Risk of financial panic tempers Trump on firing Powell - Hawaii Tribune-Herald

President Donald Trump this week revived a long-standing threat against Jerome Powell when he accused the Federal Reserve chair of “playing politics” and moving too slowly to lower interest rates. But privately, according to people close to Trump, the president has for months been aware that trying to oust Powell could inject more volatility into jittery financial markets.