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The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
EconomyThe FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
By Jason MaJanuary 12, 2026
Jerome Powell adjusts his glasses, looking to his left.
EconomyGoldman Sachs top economist says Powell probe won’t change the Fed: ‘Decisions are going to be made based on employment and inflation’
By Sasha RogelbergJanuary 12, 2026
Photo: Jerome Powell
Economy‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
powell/trump
EconomyStock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence
By Eva RoytburgJanuary 11, 2026
DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
EconomyDOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
By Jason MaJanuary 11, 2026
Powell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
EconomyPowell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
By Jason MaJanuary 11, 2026
Female nurse communicating with coworker in meeting at hospital
EconomyStrip out health care and social services, the U.S. lost jobs in 2025—something that usually happens in recessions
By Eva RoytburgJanuary 9, 2026
Bank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future
Future of WorkBank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future
By Ashley LutzJanuary 3, 2026
Trump says he still might fire Powell as Fed chair pick looms
EconomyTrump says he still might fire Powell as Fed chair pick looms
By Josh Wingrove, Kate Sullivan and BloombergDecember 29, 2025
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025.
EconomyNo one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year
By Eleanor PringleDecember 29, 2025
The Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’
EconomyThe Fed may have reassured Powell that it’s safe to leave the board early when a new chair takes over: ‘I think he’s done with this job’
By Jason MaDecember 25, 2025
Jerome Powell, chairman of the US Federal Reserve
EconomyRed flags in U.S. data will justify ‘insurance’ interest rate cuts from the Fed next year, says UBS
By Eleanor PringleDecember 17, 2025
Shoppers in a grocery store
RetailAs Americans continue to feel the pain from tariffs and inflation, Lidl launches holiday meal deal for less than $4 per person
By Nino PaoliDecember 16, 2025
Kevin Warsh, former governor of the US Federal Reserve
EconomyTrump could announce a new Fed chair before Christmas: Here’s what you need to know about the leading candidates
By Eleanor PringleDecember 15, 2025
Why Jerome Powell’s latest rate cut still won’t help you get a lower mortgage rate
BankingWhy Jerome Powell’s latest rate cut still won’t help you get a lower mortgage rate
By Sydney LakeDecember 11, 2025
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