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Trump denies plan to fire Fed chair Powell

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Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
The standoff between the men has led Trump to echo an idea first floated by Treasury Secretary Scott Bessent: the naming of a new Fed chair before the end of Powell’s term in May of next year. Trump said in late June that he could name a successor “very soon.”

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Wall Street steady again after President Donald Trump downplays threat to Fed Chair Jerome Powell’s job
'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell
Equities rise, dollar down with Treasury yields as volatility eases
Equity indexes advanced slightly on Wednesday while the dollar fell with U.S. bond yields, as markets calmed after U.S. President Donald Trump said he was "highly unlikely" to fire Federal Reserve Ch...

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Wall Street hangs near its record as PepsiCo and United Airlines offset drops for health care stocks
Santa Rosa Press Democrat · 1d
Wall Street steady again after Trump downplays threat to Fed Chair Jerome Powell's job
Wall Street cruises to more records as PepsiCo and tech stocks rally
Futures for the S&P 500 were unchanged before the opening bell Thursday, while futures for the Dow Jones Industrial Average lost 0.2%.

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Trump may be testing the waters by threatening to fire Fed’s Powell. Why he’s playing a dangerous game.
Trump-Powell Feud Heats Up: Odds Of Fed Chair Ouster Spike
Wall Street futures subdued after record session
U.S. stock index futures were muted on Friday, taking a breather after the S&P 500 and the Nasdaq closed the previous session at record highs on upbeat earnings and economic data, while Netflix's standout profit failed to ignite enthusiasm.
Fed's Waller Calls for July Interest Rate Cut
Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that looks to be weakening.
Dollar recovers from Fed fright, Wall Street watching Netflix
A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching Netflix and the dollar bounced after U.S. President Donald Trump quashed talk he was about to fire Fed head Jerome Powell.
Trump may have broken Wall Street
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line.
Dimon Defends Fed Independence After Trump Attacks
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
Trump rattles Wall Street as he denies he'll fire the Federal Reserve's chair
U.S. stock indexes are ticking higher on Wednesday following a better-than-expected update on inflation across the country.
Wall Street whipsaws as jitters were sparked by a Powell termination report
Wall Street watches the major averages whipsaw on Wednesday, following a softer-than-anticipated wholesale inflation report and news that President Trump indicated that he will fire Fed Chairman Jerome Powell.
'That's the million-dollar question': Wall Street divided on Fed rate cuts as tariff uncertainty lingers
Wall Street debates the Fed's next move as tariff and inflation uncertainty mount ahead of this week's CPI report.
Stocks make round-trip to close higher as Trump denies Fed chief rumors
U.S. stocks opened moderately higher on Wednesday, boosted by a tamer-than-expected inflation reading and blowout quarterly results from big banks.
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