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LN24 > Blog > Jerome Powell
Trump Challenges Fed’s Inflation Stance, Points to Mortgage Accessibility
20
Aug

Trump Challenges Fed’s Inflation Stance, Points to Mortgage Accessibility

  • LN24 / 3 months
  • 0
  • 3 min read

Donald Trump has expressed concerns about Federal Reserve Chair Jerome Powell’s handling of interest rates, highlighting the impact of current levels on the housing market. He emphasised that higher borrowing costs are creating challenges for Americans seeking mortgages and advocated for a careful reconsideration of interest rate policies. Posting on his social media platform, Trump […]

Fed Chair Powell Criminally Referred to DoJ for Perjury
23
Jul

Fed Chair Powell Criminally Referred to DoJ for Perjury

  • LN24 / 4 months
  • 0
  • 10 min read

Federal Reserve Chairman Jerome Powell has been criminally referred to the Department of Justice (DOJ) for alleged perjury, and it’s about time someone called out the central bank’s shenanigans. This isn’t just a bureaucratic slap on the wrist—it’s a direct challenge to the Fed’s ivory tower, exposing the rot of unaccountable power and reckless spending […]

Trump Demands Powell’s Resignation Over $2.5 Billion Palace Scandal
10
Jul

Trump Demands Powell’s Resignation Over $2.5 Billion Palace Scandal

  • LN24 / 4 months
  • 0
  • 8 min read

President Trump has urged Federal Reserve Chairman Jerome Powell to resign immediately or risk being removed for allegedly lying to Congress. The reason behind this call? A $2.5 billion renovation of the Fed’s headquarters, designed to resemble a modern-day Versailles, which was kept hidden from the public, funded by taxpayers, and denied under oath by […]

Federal Reserve Plans to Reduce Workforce by 10% Over Next Few Years
16
May

Federal Reserve Plans to Reduce Workforce by 10% Over Next Few Years

  • LN24 / 6 months
  • 0
  • 2 min read

The U.S. Federal Reserve is preparing to cut its workforce by roughly 10% in the coming years, aligning with broader efforts to streamline government operations. This plan was outlined in an internal memo from Chair Jerome Powell to staff. In the message, Powell stated that senior leadership has been asked to explore gradual ways to […]

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment
12
May

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

  • LN24 / 6 months
  • 0
  • 6 min read

The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement, […]

Fed Chair Jerome Powell Emphasizes Strong Economy Go-Slow Approach to Rate Cuts in Congressional Testimony
12
Feb

Fed Chair Jerome Powell Emphasizes Strong Economy, Go-Slow Approach to Rate Cuts in Congressional Testimony

  • LN24 / 9 months
  • 0
  • 2 min read

U.S. Federal Reserve Chair Jerome Powell appeared before Congress for the first time since President Biden’s inauguration, offering an optimistic view of the U.S. economy but sidestepping a range of politically charged questions. During his biannual testimony, Powell highlighted the nation’s strong economic indicators, including a 4% unemployment rate, inflation approaching the Fed’s 2% target, […]