Trump, Powell
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Insiders close to President Trump say he's ready to take steps to fire the Federal Reserve chair over costly renovations.
While Trump may be denying reports he will fire Powell, reports tell a different story. Here's what Tennesseans need to know about Powell and the Fed.
U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, but he kept the door open to the possibility and renewed his criticism of the central bank chief for not lowering interest rates.
Bond powerhouse Pimco hasn’t adjusted its positions in light of Trump’s threats to push Powell out, even with the potential for dramatic moves in Treasurys if it were to happen, according to people close to the situation.