Business

Trump threatens to fire Powell, blasts Fed leadership as ‘incompetent’

President Donald Trump unloaded on Federal Reserve Chairman Jerome Powell on Wednesday, threatening to fire him over his alleged “incompetence” if he fails to leave his position. “I’ve held back firing him. I’ve wanted to fire him, but I hate to be controversial, you know?” the president told FOX Business’…

Trump’s Fed pick discloses 1M fortune as nomination faces headwinds

Kevin Warsh would enter the world’s most powerful central bank with a fortune of at least $131 million, according to financial disclosures released Tuesday – an amount that would make him the wealthiest chair in the Federal Reserve’s history. The U.S. Office of Government Ethics released his nearly 70-page financial…

LARRY KUDLOW: Financial markets are bullish on Trump

There’s a whiff of optimism in the air following President Trump’s decision to blockade Iran’s oil and money in order to bankrupt them and starve the regime out of power. Of course, Democrats oppose everything the president does, so they’re not on board. Yet the financial markets are looking much…