Jerome Powell just showed Donald Trump who’s boss
President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
Jerome Powell makes clear the Fed is already thinking about life under Trump
Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
Cryptopolitan on MSN5d
There’s a reason Fed chair Jerome Powell hates Bitcoin. And it’s a pretty good one
Then here comes Bitcoin, the decentralized, no-rules wild card of global finance. It’s absolutely no surprise that Powell is skeptical. But the reasons for
Jerome Powell's last full year as Fed chief includes a long to-do list
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.
Trump, not yet in office, already a figure in global economic policy
US Federal Reserve chair Jerome Powell says some are trying to judge how Donald Trump’s tariffs, taxes, and immigration curbs might affect policy.
Trump's Tariff Talk Is Making the Fed Cautious About Cutting Interest Rates
President-elect Donald Trump says he loves low interest rates, but his talk of imposing tariffs is pressuring the Federal Reserve to keep rates higher for longer.
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
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Trump set to put an old foe in an uncomfortable position
Donald Trump’s controversial policies set him up for an inevitable clash with old sparring partner Jerome Powell.
Bitcoin tumbles most in over three months on Jerome Powell's comment on the digital currency
Jerome Powell's comments have had an immediate impact on Bitcoin's market capitalisation, triggering a major fall after the Fed chair commented its position on holding the crypto asset.
CNET on MSN8d
No, Trump Can't Lower Interest Rates. But Does the President Have Power Over the Fed?
While Trump will have the power to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate directly.
Exclusive: Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank.