President Trump also seemed to pressure Treasury Secretary Scott Bessent to somehow persuade Powell to lower interest rates further — or be fired himself.

President Trump said Tuesday that he would replace Federal Reserve Chair Jerome Powell “right now,” but “people are holding me back.” When asked Tuesday about his plans for nominating a new Fed

Powell acknowledged the Federal Reserve kept purchasing mortgage-backed securities (MBS) for too long—but he’s also unsure how much it actually contributed to the housing boom.

Wellington-Altus's chief market strategist James Thorne discusses Chair Jerome Powell's departure from the Fed.

Former Federal Reserve Governor Adriana Kugler abruptly resigned after Chair Jerome Powell refused to grant her a waiver to address financial holdings that ran afoul of the central bank’s ethics rules,

Top Fed contenders Kevin Warsh and Kevin Hassett openly criticise Jerome Powell and the central bank, urging policy changes and independence ahead of the White House selection.

What’s driving the housing affordability crisis—from decades-low mortgage rates that inflated prices to today’s record spreads limiting Fed influence.

President Donald Trump has loudly and persistently railed against Federal Reserve Chair Jerome Powell, with an eye toward next year when he can pick a new Fed chief more aligned with his own views.