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President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.
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The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans. It remains to be seen whether he follows through with his threat.
Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald Trump, voted on Wednesday to make them tradeable, paving the way for their wide sale and purchase -- potentially boosting the value of the president's holdings of them.
President Donald Trump will host congressional leaders and families affected by the fentanyl epidemic on Wednesday for a signing ceremony on bipartisan legislation that would strengthen prison sentences for fentanyl traffickers,
The European Union is racing to clinch an agreement with the Americans before tariffs kick in on Aug. 1, even as President Trump has signaled he is in no rush.
Cornyn may be facing his toughest Senate re-election fight yet in a primary against state Attorney General Ken Paxton — and the field could continue to grow.
President Donald Trump asked a room of House Republicans on Tuesday night if he should fire Federal Reserve Chair Jerome Powell, according to reports. After receiving support in doing so, the president claimed he would, a senior White House official said. But on Wednesday, Trump said it would be “highly unlikely” to remove him from the post.
Trump and White House allies have intensified pressure on Powell, urging the Fed to cut its key interest rate through a multi-front push.