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Trump Treasury pick says Powell will serve out his term
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
"As the President said on Sunday, and I'm in complete agreement with him, that Jay Powell will serve out his term," Bessent told CNBC after a Tuesday meeting with Sen. Mike Crapo
Trump Treasury pick reveals whether Fed Chair Powell will finish term
President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Chair Jerome Powell will be allowed to finish his term.
Trump Just Said He Won't Replace Fed Chair Powell. What's Next?
President-elect Donald Trump said he won't replace Fed Chair Jerome Powell, but that may not keep them off the collision course they seem on.
Trump not planning to replace Powell as Fed chair
President-elect Donald Trump said he has no plans to replace Federal Reserve Chair Jerome Powell once he returns to the White House, saying “I don’t see it.” Powell, whose term as Fed chair expires in May 2026, told reporters last month that he wouldn’t step aside early if Trump asked for his resignation.
Trump Says He Doesn't Plan To Fire Fed Chief Jerome Powell
But the president-elect, who during his first term repeatedly threatened to replace Powell, claimed the board chair would resign "if I told him to."
Trump says he doesn’t plan to remove Fed chairman Jerome Powell
The comments mark the first time since the presidential election that Trump has publicly backed Powell. In July, Trump said he would not fire Powell if he won, despite Trump’s contentious relationship with the central bank in his first term.
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. “[Trump] said on Sunday,
Video: Donald Trump says he won’t try to replace Fed chief Jerome Powell | REUTERS
Donald Trump says he won’t try to replace Fed chief Jerome Powell | REUTERS US President-elect Donald Trump said in an interview he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January.
3d
on MSN
Trump will not try to oust Powell as Federal Reserve Chair, president-elect tells NBC News
President-elect Donald Trump said in an NBC News interview that he would not remove Jerome Powell as chairman of the Federal ...
7d
on MSN
Powell Defends Federal Reserve Independence
As federal agencies prepare to hand the keys over to President Donald Trump's second administration, one top official isn't ...
2d
Federal Reserve Chair Jerome Powell Just Gave Bitcoin a Ringing Endorsement
Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, has always been a controversial asset. Can things get any better ...
7d
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in ...
The Daily Princetonian
9d
Fed Chair Jerome Powell ’75 selected as Princeton’s Baccalaureate Speaker
The University announced on Nov. 26 that Jerome Powell ’75, Board of Governors of the Federal Reserve System, would be the ...
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