Trump, Jerome Powell and Scott Bessent
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Economists interviewed by Newsweek warned that removing Powell now would roil markets, erode trust in U.S. institutions and ultimately hurt ordinary Americans.
President Donald Trump continues to face backlash from his MAGA supporters over his administration's handling of the Jeffrey Epstein files, calling on Attorney General Pam Bondi "to produce any and all pertinent Grand Jury testimony, subject to Court approval" related to the case.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
Stock index futures seesawed on Thursday, a day after Wall Street closed in the green after President Donald Trump denied reports of planning to fire Federal Reserve Chair Jerome Powell. S&P 500 futures (SPX) +0.