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The Business Standard

Friday
January 16, 2026

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FRIDAY, JANUARY 16, 2026

Jerome Powell

Jerome Powell

US President Donald Trump, Federal Reserve Chair Jerome Powell, and Director of the Office of Management and Budget (OMB) Russell Vought tour the Federal Reserve Board building, which is currently undergoing renovations, in Washington, DC, US, 24 July 2025. REUTERS/Kent Nishimura

Trump says he has no plan to fire Fed's Powell despite investigation

"I don't have any plan to do that," Trump told Reuters in an interview when asked if he would attempt to remove Powell from his job

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Trump administration probe of Fed's Powell sparks pushback

A worker walks at the construction site of the Federal Reserve headquarters, after US President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell's management of renovations of the building, in Washington, DC, US, 12 January 2026. REUTERS/Kevin Lamarque

Trump team escalates attack on Fed's Powell with criminal indictment threat

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Fed's Powell says Trump admin has threatened him with criminal indictment

US Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, DC, US, October 29, 2025. Photo: REUTERS/Kevin Lamarque

Fed lowers rates, but Powell suggests move may be the last of 2025

Federal Reserve Chair Jerome Powell. Photo: Reuters

Trump says he's not planning to fire Fed's Powell

Federal Reserve Chair Jerome Powell. Photo: Reuters

Investors seek protection from risk of Fed chief's ouster

US Federal Reserve Chair Jerome Powell speaks at a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, DC, US, March 19, 2025. REUTERS/Nathan Howard/File Photo

Fed sees rising risks to economy as it leaves rates unchanged

US President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the US Federal Reserve, speaks at the White House in Washington, US, November 2, 2017. Photo: REUTERS/Carlos Barria/File Photo

Trump says he has no plans to fire Fed's Powell; market jumps

An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. Photo: REUTERS/Alexander Manzyuk/File Photo

Gold hits record, stocks slip as Trump fuels Fed fears

US President Donald Trump gestures with Jerome Powell, his nominee to become chairman of the US Federal Reserve at the White House in Washington, US, November 2, 2017. Photo: REUTERS/Carlos Barria/File Photo

What's known about whether Trump can fire Powell from the Fed

A man walks past an electronic screen displaying stock quotation board in Tokyo, Japan April 15, 2025. Photo: REUTERS/Issei Kato/File photo

Stocks and dollar fall as Trump's Fed attacks jangle nerves

Federal Reserve Chair Jerome Powell. Photo: Reuters

Firing Powell would hurt the dollar and US economy: France

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