Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going...

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2025-07-16 03:13:30 -

Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon

Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's dismissal is imminent. Treasury Secretary Bessent confirms the search for a replacement has begun, suggesting Powell should step down entirely after his term. However, JPMorgan Chase CEO Dimon stresses the importance of the Fed's independence, as the White House criticizes...

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