When a frustrated Donald Trump flirted with removing Federal Reserve Chair Jerome Powell in a dispute over interest rates back in 2018, Fed leaders privately readied a break-glass-in-case-of-emergency response: a legal challenge against the president to ...

Powell is indicating he wouldn’t go down without a fight if Trump tries to remove him. How a battle could shake out.

Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald Trump asked him to, saying he’d have no obligation to leave if the president requested it before the end of his term in 2026.

Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do so.

The Federal Reserve cut interest rates Thursday after its two-day meeting. Chair Jerome Powell held a news conference following the decision. You can watch it here:

The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of debate through the course

Many economists are already scaling back their expectations for the number and pace of Federal Reserve rate cuts next year on account of policies expected from a new Trump administration.