Former President Donald Trump said if reelected, he would not reappoint Federal Reserve Chairman Jay Powell when the central bank leader’s term expires in 2026.
Trump appointed Powell to lead the Federal Reserve, but began criticizing his leadership within months because he believed the central bank went too far raising rates and slimming its bond holdings following the Great Recession.
Trump’s comments came despite an unwritten tradition dating to the Clinton administration in which the White House largely avoided discussing Federal Reserve policy.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Rivals Are Beholden to Him, Says Biden Ad Blitz Ahead of GOP DebatePresident Joe Biden’s reelection campaign aims to use the first Republican presidential debate to paint the field of challengers as extremists inexorably tied to Donald Trump, even as the former president and current GOP frontrunner toys with skipping the event.
Read more »
Spruce Kings announce BCHL Showcase dates at Kraken IceplexPrince George will face off against Powell River and Nanaimo in Seattle, Oct. 25-26
Read more »
Fed Chair Powell to give economic outlook at Jackson Hole Aug 25(Reuters) - Federal Reserve Chair Jerome Powell will deliver a talk on the economic outlook on Aug. 25 at the central bankers' confab held each year in ...
Read more »
Powell to Speak Aug. 25 at Jackson Hole Economic SymposiumFederal Reserve Chair Jerome Powell will speak next Friday at the Kansas City Fed’s Jackson Hole Economic Policy Symposium, the US central bank said.
Read more »
Tim McGraw Says He And Faith Hill Knew ‘There Was No Stopping’ Taylor Swift Early On In Her CareerTim McGraw is an OG Swiftie. Speaking with ET Canada's Morgan Hoffman, the iconic country star reflected on spending time with Taylor Swift when she was still a young, up-and-coming star. [readmore label='READ MORE: ' link='https://etcanada.com/news/1013209/tim-mcgraw-says-hes-pretty-proud-about-having-his-name-on-taylor-swifts-first-song/' text='Tim McGraw Says He’s ‘Pretty Proud’ About Having His Name On Taylor Swift’s First Song' /] Swift, who was…
Read more »