7 d. ago Trump administration live updates: House issues subpoenas for Clintons and other officials over Epstein files

President Donald Trump called into CNBC’s Squawk Box morning show to talk about tariffs, jobs, Fed chair, polling numbers and Texas redistricting

Politics

7 d. ago Trump says treasury chief Scott Bessent no longer being considered for Fed chair

Trump may soon name pick for open Fed board seat and Fed chair nominee, but Bessent wants to stay in current roleDonald Trump said he would “shortly” announce his pick for an open seat on the Federal Reserve’s board of governors and possibly his nominee for Fed chair as well, but that he had removed the treasury secretary, Scott Bessent, from consideration since Bessent wants to remain in his current job.In a CNBC interview, Trump called it a “pleasant surprise” that the Fed governor Adriana Kugler had decided to leave her seat now instead of when her term ends in January, a move that appears to have accelerated Trump’s decision on who to appoint to an open seat on the Fed board with possible plans to promote that person to the top policymaking role when the term of the Fed chair, Jerome Powell, ends in May. Continue reading...

Politics

7 d. ago Trump says he’d like to run again, pushing back at ‘fake polls’ in CNBC interview: Live updates

President Donald Trump called into CNBC’s Squawk Box morning show to talk about tariffs, jobs, Fed chair, polling numbers and Texas redistricting

Politics

7 d. ago ‘Give me a break’: Trump says he hired Fed chair Powell as a ‘favor’ after CNBC host presses him on labor bureau firing

Trump defended his recent decision to fire head of BLS while distancing himself from his past decision to hire Fed chair Jerome Powell

Politics

7 d. ago Trump teases final four contenders for Fed Chair and the big name he's already ruled out

President Donald Trump revealed who he is considering to chair the Federal Reserve if he should oust Jerome Powell.

Politics

3 w. ago Trump calls Fed chair ‘a numbskull’ who ‘makes it difficult for people to buy a house’

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest ratesBusiness live – latest updatesDonald Trump has renewed his attacks on Jerome Powell, calling the US central bank chair a “numbskull” and accusing him of “making it difficult for people, especially the young, to buy a house”.The US president accused Powell of preventing the Federal Reserve from lowering interest rates to make housing more affordable. Continue reading...

Politics

3 w. ago Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve

Politics

3 w. ago ‘Surprised’ Trump appears to forget he appointed Powell as Fed chair before blaming Biden for keeping him on

Seeming gaffe comes a day after he fabricated a story about his uncle and Unabomber Ted Kaczynski

Politics

3 w. ago Trump’s calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

The president’s public about-face on firing Jerome Powell is sure to have critics call it another TACO, or ‘Trump Always Chickens Out,’ moment.

Politics

3 w. ago Trump calls it ‘highly unlikely’ he’ll fire Fed chair Powell after reportedly telling House GOP he ‘likely will soon’

Apparent U-turn

Politics

3 w. ago Trump privately indicates he may soon fire Fed chair Jerome Powell

The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack himDonald Trump has privately indicated he is on the cusp of firing the Federal Reserve chair Jerome Powell, rattling Wall Street and renewing questions over the US central bank’s independence.The US president insisted on Wednesday that it was “highly unlikely” he would dismiss the Fed chair, after reports he had suggested he would and shown a draft letter dismissing Powell to political allies. Continue reading...

Politics

3 w. ago Trump says he's 'unlikely' to fire Fed chief Powell despite GOP urging

President Trump said he's 'unlikely' to fire Federal Reserve Chair Jerome Powell after months of threats.

Politics

4 w. ago How Trump could use a building renovation to oust the Fed chair

President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

Politics