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The Latest Breaking News from Jerome Powell

Stocks rise Thursday after strong corporate earnings reports

Stocks closed higher on Thursday, thanks to a slew of positive corporate earnings reports and better-than-expected economic data.

Fortune

White House seeks inspection of Fed building as Trump piles pressure on Powell

US president has suggested the central bank mismanaged funds for renovations at the Federal Reserve headquarters

The Guardian - US

FTSE 100 closes up despite ‘harsh’ UK jobs data

The FTSE closed up 46.09 points, 0.5%, at 8,972.64.

Evening Standard

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‘The independence of the Fed is absolutely critical’: Jamie Dimon warns Trump against firing Jerome Powell

Markets drop, Trump walks back, repeat.

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Death to Big Bird

Plus: Jerome Powell on Trump's kill list, conservatives embrace speech restrictions, homeschooling heat, and more...

Reason

Who Appointed Jerome Powell and Can President Trump Fire Him? What You Need to Know

Jerome Powell, appointed by Trump, faces firing threats. Legal limits and market risks loom. Legal hurdles and recent backtrack suggest it's unlikely, but tensions remain.

International Business Times UK

Season 576 of ‘Trump forgot again’ as the president publicly rewrites his decision and dumps the script on Biden

Someone needs to start writing these things on his hands now.

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The changing nature of startup employment, OpenAI’s e-commerce ambitions, and Powell’s future

It has been, to say the least, a wild week in the private markets. I’m taking you briefly inside my reporter’s notebook.

Fortune

For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it

A noncredible chair would face resistance from inside the Fed, former Fed Vice Chair Richard Clarida says.

Fortune

US Stocks Likely To Open On A Mixed Note: Netflix, PepsiCo, TSM Earnings In Focus

U.S. stock futures were swinging between gains and losses on Thursday after ending higher on Wednesday. Futures of major benchmark indices were mixed.

Benzinga

House passes aid and broadcasting cuts – as it happened

This blog is now closed

The Guardian - AU

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

The Independent UK

Trump considered firing Fed Chair but said he is 'highly unlikely' to do so

President Donald Trump rocked Wall Street temporarily by saying he had “talked about the concept of firing” the head of the Federal Reserve, but was unlikely to do so, ”unless he has to leave for fraud”.

Euronews

Bitcoin, Ethereum, Dogecoin Climb Amid Trump-Powell Turbulence: Analyst Says BTC Could Reach $3 Trillion Market Cap By Year-End If This Happens

Leading cryptocurrencies rose alongside stocks on Wednesday as President Donald Trump denied that he plans to remove Federal Reserve Chair Jerome Powell.

Benzinga

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International Business Times

Asian Stocks Struggle As Traders Eye Fed Saga, Trade War

Asian markets fluctuated Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the head of the US Federal Reserve.

The Guardian - US

Trump news at a glance: Musk mocks ‘Epstein hoax’ claims after president blasts its ‘stupid’ believers

Musk says Trump should release files and ‘point out which part is the hoax’ as the president struggles to contain crisis within Maga base. Key US politics stories from Wednesday 16 July at a glance

The Independent UK

‘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

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Donald Trump says he will fire the Fed Chair, then says he won’t — so who’s he lying to this time?

Why approve a bill you’re just going to cut to pieces later?

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Benzinga

Trump-Powell Feud Heats Up: Odds Of Fed Chair Ouster Spike

A political firestorm erupted on Wall Street Wednesday as speculations surged that President Donald Trump could fire Federal Reserve Chair Jerome Powell before his term ends, reigniting fears over central bank independence.

Fortune

Markets have a frenzied day on rumors Trump might fire Jerome Powell

Stocks plummeted when a series of reports indicated president Donald Trump was close to firing the Fed chair. They soared once he denied them.

Latin Times

Trump Blames Biden for Appointing 'Terrible' Jerome Powell. Trump Appointed Powell in 2017

In Trump's latest tirade against Fed Reserve Chair Jerome Powell, he blamed Biden for Powell's appointment—despite Trump himself nominating Powell in 2017.

Kiplinger

Stock Market Today: Powell Rumors Spark Volatile Day for Stocks

Stocks sold off sharply intraday after multiple reports suggested President Trump is considering firing Fed Chair Jerome Powell.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Bounce Back As Bulls Take Control Again?

Cryptocurrency markets are trading higher on Wednesday after President Trump dismissed rumors that he may remove Federal Reserve Chair Jerome Powell from his post.

Fortune

Trump won't rule out sacking Powell as Jamie Dimon works to shield the Fed chair

Trump has listened to Dimon in the past, notably a famous Fox Business interview with Maria Bartiromo.

Al Jazeera

Trump repudiates draft letter to fire US Fed chair Powell

Trump acknowledged discussing firing Powell with Republicans but denied a letter had been drafted to do that.

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Luiz Inácio Lula da Silva

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