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Photo: WASHINGTON, DC - JULY 11: U.S. President Donald Trump answers questions while departing the White House on July 11, 2025 in Washington, DC. Trump is scheduled to travel to Central Texas today to meet with first responders and local elected officials involved with the recovery process from last week's flash flooding event that has claimed more than 120 lives. Photo by Win McNamee/Getty Images
FinanceTrump’s tariffs are tipping Europe toward recession
By Jim EdwardsJuly 18, 2025
Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’
EconomyFed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’
By Christopher Rugaber and The Associated PressJuly 18, 2025
Photo: (Original Caption) President Nixon, in a nationally televised address 8/15, asks for support against "those who would exploit Watergate in order to keep us from doing what we were elected to do." He also proclaimed his innocence of any complicity in the affair. Nixon posed for still photographers after the address, as no pictures were permitted during the telecast.
FinanceFor 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
By Jim EdwardsJuly 17, 2025
Thom Tillis
PoliticsThom Tillis rips Trump’s flirtation with firing Powell, and some other Senate Republicans agree
By Stephen Groves and The Associated PressJuly 17, 2025
Stock brokers
FinanceTrump says he ‘talked about the concept of firing’ Jerome Powell. Stocks went for a ride
By Stan Choe and The Associated PressJuly 16, 2025
Jamie Dimon, Donald Trump
PoliticsTrump won’t rule out sacking Powell as Jamie Dimon works to shield the Fed chair
By Nick Lichtenberg and Fortune IntelligenceJuly 16, 2025
Donald Trump
PoliticsTrump confirms private talks about firing Jerome Powell, swears he’s ‘highly unlikely’ to do so as markets gyrate
By Seung Min Kim and The Associated PressJuly 16, 2025
Jerome Powell, chairman of the US Federal Reserve
PoliticsHere’s why Trump is focusing on an office renovation to target Jerome Powell when he’s really upset about (lack of) rate cuts
By Christopher Rugaber and The Associated PressJuly 16, 2025
Woman stands in front a the dairy section in a grocery store.
FinanceThe forecast for the U.S. economy looks cloudy as inflation rises: ‘It would be wise for the Fed to remain on the sidelines’
By Paolo ConfinoJuly 15, 2025
Scott Bessent
FinanceScott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
By Nick Lichtenberg and Fortune IntelligenceJuly 15, 2025
Federal Reserve chair Jerome Powell
PoliticsTrump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency
By Paolo ConfinoJuly 14, 2025
Jerome Powell
FinancePowell asks inspector general to review $2.5 billion cost of Federal Reserve renovation
By Christopher Rugaber and The Associated PressJuly 14, 2025
Donald Trump
PoliticsIf Trump fires the Fed’s Powell, ‘both the currency and the bond market can collapse,’ according to Deutsche Bank
By Jim EdwardsJuly 14, 2025
Monetary policy at the world’s most important central bank could hinge on an argument over building renovation specs
EconomyMonetary policy at the world’s most important central bank could hinge on an argument over building renovation specs
By Jason MaJuly 13, 2025
Risk of Powell ouster is underpriced, Deutsche Bank strategist says
FinanceRisk of Powell ouster is underpriced, Deutsche Bank strategist says
By Simon Kennedy and BloombergJuly 12, 2025
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