The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.

Wall Street cautions against firing Powell, Nvidia's geopolitical balancing act pays off, and banks score an 'A' from investors on Q2 earnings

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.

In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush administration named Jerome Powell. Over the course of eight years, Powell led the private equity firm's industrial group and was a partner.

TheStreet. In a sudden turn of events, President Donald Trump said he was "not planning on doing anything" to get rid of Federal Reserve Chair Jerome Powell, reported CNBC. This occurred after he mentioned the idea during a private meeting with congressional Republicans,

Floats idea with GOP lawmakers. President Donald Trump denied Wednesday that he is planning to fire Federal Reserve Chair Jerome H. Powell, a day after asking Republican lawmakers at the White House whether he should remove the central bank chief.

The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.

Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him to resign. Bessent is