Tag: Jerome Powell

Fed Chair Jerome Powell

Donald Trump Says He Has ‘No Plan’ to Fire Fed Chair Jerome Powell, but Leaves Door Open as Justice Department Probe Deepens

The Asia Live News Service - January 15, 2026
President Donald Trump on Tuesday insisted he has no immediate plan to fire Jerome Powell, even as the Justice Department probes a renovation project at the US central bank. “I don’t have any plan to do that,” Trump told reporters,...
Federal Reserve Chair Jerome Powell

Trump Administration’s Criminal Probe of Fed Chair Jerome Powell Triggers Bipartisan Backlash and Fresh Fears Over Central Bank Independence

The Asia Live News Service - January 13, 2026
The Trump administration’s decision to open a criminal investigation into Federal Reserve Chair Jerome Powell has ignited an extraordinary political and economic backlash, with former central bank leaders, senior economists and prominent Republican lawmakers warning that the move risks undermining...
US Federal Reserve Chair Jerome Powell

Fed Chair Powell Accuses Trump Administration of Using Criminal Probe Threats to Pressure Central Bank on Rate Cuts

The Asia Live News Service - January 12, 2026
US Federal Reserve Chair Jerome Powell said on Sunday (Jan 11) that the Trump administration has threatened him with a criminal indictment over congressional testimony he delivered last summer, marking a dramatic escalation in the long-running conflict between the White...