Powell says he would not resign as Fed chief if Trump asked for his resignation

ThePatriotLight - Federal Reserve Chairman Jerome Powell says he will not resign if asked by Trump

ThePatriotLight - In a media briefing Thursday after announcing a reduction in interest rates, the chairman of the Federal Reserve said he would not resign if asked by President-elect Donald Trump.Chairman Jerome Powell was asked by a reporter about the possibility of Trump asking him to resign after the stunning results of the election Tuesday. 'Trump had accused Powell of hurting the economy by raising interest rates.'"No," Powell replied simp…

Why the US Fed chief won't capitulate to Trump

The Federal Reserve sets US interest rates and manages monetary policy, and its chair, Jerome Powell, has declared he won't be stepping down until his term ends in 2026.

With Trump re-elected to the White House, Fed chief Powell refuses to 'speculate' but defends his independence

During a press conference on lower interest rates on Thursday, the chairman of the Federal Reserve confirmed that he would not step down if the president-elect asked him to do so.

Won't resign as US Federal Reserve chief even if Trump asked me to: Jerome Powell

Speaking at a press conference following the latest meeting of the rate-setting Federal Open Market Committee, Jerome Powell was asked if he would step down from central bank leadership if asked by Donald Trump, who repeatedly attacked him in his first term as president.

Fed's Powell staying put even if Trump has another idea

Federal Reserve Chair Jerome Powell said Thursday that he will remain in his role through the duration of his term even if incoming President-elect Trump decides to call for his resignation. The Fed announced a 25 basis point interest rate cut and during the press conference following the central…