The Latest Breaking News from Jerome Powell

Bill Pulte: How Trump's housing regulator became an attack dog

Pulte has been putting the pressure on Jerome Powell for months.

Axios · Jan 12

The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed

Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

Fortune · Jan 12

Goldman Sachs top economist says Powell probe won’t change the Fed: 'Decisions are going to be made based on employment and inflation'

President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.

Fortune · Jan 12

Fed Chair Jerome Powell vows to ‘stand firm in face of threats’ after Trump’s DOJ launches probe

Jerome Powell has said that the US Federal Reserve is being threatened with criminal indictment by the Trump administration.

The Independent UK · Jan 12

Some Republicans speak out against DoJ investigation into Fed chair

Republican senator vows to block all Fed nominations ‘until legal matter is fully resolved’

The Guardian - US · Jan 12

Gold Rallies, VIX Spikes as Fed Chair Powell Responds to Criminal Indictment

Over the weekend, Powell said the DoJ charges are a pretext to apply pressure over Fed rate cuts.

Barchart · Jan 12

Jerome Powell Warns 'Pretext' Investigation Is a Power Play That Could Undermine Fed Independence

Federal Reserve chair Jerome Powell says a 'pretext' investigation risks politicising interest rate decisions and weakening Fed independence.

International Business Times UK · Jan 12

Gold and silver soar after US targets Federal Reserve in Powell probe

European indexes were mixed on Monday after a rally in Asia, while US futures dipped on reports of a Justice Department probe into Fed chair Jerome Powell. The news sent gold and silver to fresh records.

Euronews · Jan 12

First Thing: Trump weighs ‘very strong’ military options against Iran as death toll of protesters climbs

US president claims ‘Iran wants to negotiate’ as rights groups report that regime’s crackdown on protest has killed hundreds. Plus, how Grok’s nudification tool went viral

The Guardian - UK · Jan 12

Gold price soars to new record as US Federal Reserve faces threats

Gold prices surged to a new record high of 4,600 US dollars per ounce, driven by investor concerns over threats to the independence of the US central bank. The precious metal's value has increased by approximately 70% over the past year, reflecting a broader trend of investors seeking safe haven…

The Independent UK · Jan 12