Powell, Trump and resignation
Digest more
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.
Jerome Powell is concerned about the optics if he resigns from the central bank because the president wants him to.
Sen. Mike Lee (R-UT) deleted a social media post on Tuesday featuring a fake resignation letter supposedly written and signed by Federal Reserve Chairman Jerome Powell. Lee initially celebrated Powell’s alleged departure from the central bank before quickly deleting the post.
A video spread online amid US President Donald Trump's mounting attacks on Jerome Powell purports to show the Federal Reserve chair announcing his resignation in a expletive-laden speech condemning the economy,
President Donald Trump on Wednesday dramatically escalated his rhetoric against Federal Reserve Chair Jerome Powell, calling for the resignation of the U.S. central ... But the U.S. central bank has resisted Trump’s calls, citing concerns about the ...