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News

Dimon Defends Fed Independence

Digest more
 · 2d · on MSN
Trump won’t rule out sacking Powell as Jamie Dimon works to shield the Fed chair
The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and soliciting their opinions on whether he should proceed. The next day, Trump confirmed that was true: “I talked about the concept of firing him,

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 · 3d · on MSN
Dimon Defends Fed Independence After Trump Attacks
 · 3d · on MSN
Jamie Dimon just sent Donald Trump a warning about meddling with the Fed
8don MSN
Jamie Dimon warns markets ignoring chance Fed will raise interest rates: ‘Cause for concern’
The Federal Reserve last month voted unanimously to leave rates unchanged. Fed Chair Jerome Powell said he expected ...
2d
'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
1d
Fed's Powell Responds to White House on Fed Headquarters Renovation
"Dear Mr. Vought," Powell said in his letter, "both buildings were in need of significant structural repairs and other ...

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