Fed, Jerome Powell and Trump
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Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
As the director of the Federal Housing Finance Agency, Bill Pulte oversees the system that helps keep the U.S. mortgage market liquid.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
9hon MSN
CNBC's "Closing Bell" team discusses when the Federal Reserve may cut rates, the outlook for markets and more with Jeremy Siegel, chief economist at WisdomTree and professor of finance at Wharton.