Jerome Powell

President Donald Trump says he plans to sue JPMorgan Chase (NYSE:JPM) for the abrupt closure of his accounts in the aftermath of the Jan. 6, 2021, Capitol riot. Trump has accused the banking behemoth of “incorrectly and inappropriately DEBANKING” him subsequent to the January protest....

The U.S. Justice Department has initiated a criminal investigation into Minnesota officials, including Gov. Tim Walz and Minneapolis Mayor Jacob Frey, for an alleged conspiracy to obstruct immigration agents. Justice Department Opens Investigation Reuters, citing a source, reported that subpoenas...

Banking giant JPMorgan Chase & Co.’s (NYSE:JPM) CEO, Jamie Dimon, firmly ruled out any possibility of leading the Federal Reserve in the near future, but is open to serving as the Secretary of the Treasury, if asked by the President. Dimon Might Consider Treasury Secretary Role Dimon said...

iShares Silver Trust (NYSE:SLV) shares are trading higher on Wednesday. Rising geopolitical risks in the Middle East are pushing investors toward safe‑haven assets, in addition to tensions surrounding Fed Chair Jerome Powell’s investigation. iShares Silver Trust stock is challenging...

President Donald Trump reiterated that the interest rates should be lowered, dismissing warnings by JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon about the potential negative effects of political interference with the Federal Reserve. “Jamie Dimon probably wants...

The ongoing feud between the Trump administration and the Federal Reserve has taken a new turn with the revelation of details about the Fed’s $2.5 billion renovation project. According to a letter Fed Chair Jerome Powell wrote to senators in July, he provided extensive details about the...

U.S. Attorney for the District of Columbia Jeanine Pirro responded to the growing controversy regarding her office’s decision to initiate legal proceedings against Federal Reserve Chair Jerome Powell. Powell ‘Ignored’ DOJ Outreach On Tuesday, in a post on X, Pirro said that her...

Economist Justin Wolfers slammed the latest escalation in the feud between President Donald Trump and Federal Reserve Chair Jerome Powell, after the Justice Department threatened the central bank with a “criminal indictment” over its multi-billion-dollar headquarters renovation project...

Leading central bankers from Europe to Asia have voiced firm support for Federal Reserve Chair Jerome Powell, backing his defense of monetary independence as the U.S. Justice Department ramps up its investigation into his congressional testimony. On Tuesday, a coalition of the world's most...

Prediction markets are pointing to a 63% chance that President Donald Trump will attempt to remove Jerome Powell not only as the Federal Reserve Chairman but also as a member of the Fed board of governors before next year. Powell’s tenure as Fed chief ends in May, but he will have two years...

Senate Minority Leader Chuck Schumer (D-N.Y.) accused President Donald Trump of using the Justice Department to intimidate Federal Reserve Chair Jerome Powell, warning the move could raise borrowing costs for millions of Americans. Trump DOJ Probe Sparks Fed Rate Concerns On Monday, in a post on X...

Director of the National Economic Council Kevin Hassett defended the strength of the U.S. economy under President Donald Trump, saying that it was thriving despite the Federal Reserve’s tight monetary policy. Trump’s Economy ‘Is Booming’ Hassett said that the “economy...

Gold and silver surged to fresh record highs Monday as investors reassessed the Federal Reserve's independence fears amid a new political escalation. • MACOM Technology stok is approaching key resistance levels. What’s behind MTSI new highs? Gold prices — as tracked by the SPDR...

White House senior adviser Kevin Hassett is directly challenging Jerome Powell's claim that the Justice Department's probe is rooted in President Trump‘s political payback over interest rates, framing the case instead around the Fed's soaring renovation costs. Speaking Monday on CNBC, Hassett...

Leading cryptocurrencies spiked on Sunday, but stock futures plunged after the Justice Department served subpoenas to the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. ET) Bitcoin (CRYPTO: BTC) +0.97% $91,445.21 Ethereum (CRYPTO: ETH)    ...