Why Trump Likely Won’t Try to Remove Fed Chair Jay Powell
Federal Reserve Chair Jerome Powell’s confident response to a question about whether he’d step down if President-elect Donald Trump asked him to went viral last week. Powell’s firm stance in such a volatile political moment raised eyebrows. But the reasons…
The Fed’s Delicate Balance: Timing Rate Cuts Could Become Politically Tricky
As Federal Reserve Chair Jerome Powell contemplates when to lower interest rates, the economy’s surprising resilience is giving him the luxury of time — a luxury he seems determined to use. However, the longer Powell waits, the more awkward the…
Jay Powell: The Fed Chair Who Masters Politics Without Being Political
When Jay Powell ascended to the role of chair of the Federal Reserve in 2018, few anticipated the political storm he would face—and even fewer would have predicted how adeptly he would navigate it. Powell, appointed by President Donald Trump,…