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Trump urges Fed board to 'ASSUME CONTROL'

ABC News on MSN · 2d

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

Reuters on MSN · 15h

Trump: Fed board should assume control if Powell won't lower interest rates

U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues to refuse to lower interest rates.

The Boston Globe · 11h

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.

15h

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

2d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

2d

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

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