DARK SECRETS: 66 | Vintage Vibes

Can Trump fire Federal Reserve chair Jerome Powell?

The US president and the man he appointed to head the central bank are at loggerheads over interest rates

The Guardian - US · Apr 21, 2025

Stocks Set to Open Sharply Lower After Trump’s Push Against Powell, U.S. Economic Data and Tech Earnings in Focus

June S&P 500 E-Mini futures (ESM25) are down -1.09%, and June Nasdaq 100 E-Mini futures (NQM25) are down -1.23% this morning, pointing to a sharply lower open on Wall Street as U.S. President Donald Trump’s threats to fire Federal Reserve chief Jerome Powell weighed on sentiment.

Barchart · Apr 21, 2025

Gold Hits Record, Dollar Drops As Tariff Fears Dampen Sentiment

Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve.

International Business Times · Apr 21, 2025

What Happens To Mortgage and Savings Rates If Trump Fires Federal Reserve Governors?

The President has backed off on firing Powell. Instead, he recently announced he fired Fed Gov Lisa Cook.

Kiplinger · Apr 18, 2025

Trump Goes To War With The Fed

Donald Trump's simmering discontent with the US Federal Reserve boiled over this week, with the president threatening to take the unprecedented step of ousting the head of the fiercely independent central bank.

International Business Times · Apr 18, 2025

Trump Looking Into Whether He Can Fire Fed Chair Jerome Powell Despite Central Bank Independence

President Donald Trump is studying whether he can fire Fed Chair Jerome Powell, said National Economic Council Director Kevin Hassett

Latin Times · Apr 18, 2025

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

The Conversation · Apr 18, 2025

Tokyo Leads Gains In Most Asian Markets On Trade Deal Hopes

Investors are also eyeing developments at the Federal Reserve as Trump hit out at boss Jerome Powell, who warned the sweeping tariffs were "highly likely to generate at least a temporary rise in inflation".

Latin Times · Apr 18, 2025

Trump's fight against the Fed

Also:

Fortune · Apr 18, 2025

Trump suggests he could remove US Fed Reserve Chair Jerome Powell

“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office to reporters on Thursday.

Euronews · Apr 18, 2025