President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.

Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.

Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec.

Federal Reserve Chairman Jerome Powell said Wednesday it's too soon to say what President-elect Donald Trump's proposed economic policies will do to the economy and how that might bear on the central bank's policy choices.

Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.

President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026.

President-elect Donald Trump said on Sunday, that he has no immediate plans to remove Federal Reserve Chairman Jerome Powell after getting elected in November, marking a notable shift in his stance toward the central bank leader ahead of a crucial Fed meeting.

But the president-elect, who during his first term repeatedly threatened to replace Powell, claimed the board chair would resign "if I told him to."

President-elect Donald Trump said in an interview that aired on Sunday that he has no plans to remove Federal Reserve Chair Jerome Powell. Appearing on NBC’s “Meet the Press with Kristen Welker,” Trump was asked if he would try to replace Powell.

As many economists know, Federal Reserve Chairman Jerome Powell and the US President-elect Donald J. Trump do not see eye to eye on practically everything. The political “indifference” is nothing short of pronounced;