Jerome Powell
Top five takeaways from Trump’s interview with CNBC
U.S. President Donald Trump reacts as he leaves the congress centre during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | AFP | Getty Images President Donald Trump on Wednesday gave an interview to CNBC’s Joe Kernen on the sidelines of the World Economic Forum in Davos, Switzerland. […]
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Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
Key Points President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. “I’d say we’re down to three, but we’re down to two. And I probably can tell you, we’re down to maybe one, in my mind,” […]
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The ‘sell America’ trade, Trump arrives in Davos, Netflix earnings and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Or maybe not, if you held U.S. assets amid yesterday’s sell-off. S&P 500 futures are little changed this morning. The three major indexes are coming off their worst day in months. Here are five key things investors need to know […]
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Supreme Court case on Trump bid to fire Fed Governor Lisa Cook set for oral arguments
Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters The Supreme Court is set to hear oral arguments on Wednesday morning in a case over whether President Donald Trump has the power to fire Federal Reserve Gov. Lisa Cook […]
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Jerome Powell could stay at the Fed even after being removed as chair. Here’s what that means
Key Points The saga over President Donald Trump’s efforts to reshape the Fed has another twist to it, revolving over whether current Chair Jerome Powell will leave after his term at the helm is finished. Historical precedent has been for outgoing Fed chairs to leave their governor roles as well, but Powell could decide to […]
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U.S. 30-year Treasury yield jumps 9 basis points as trade war fears reignite
Traders work on the floor of the New York Stock Exchange. NYSE U.S. Treasury yields jumped on Tuesday as investors weighed renewed tariff threats from Washington that revived fears of a trade war with Europe and spurred a flight from U.S. assets. Yields on the benchmark 10-year Treasury were last seen trading 6 basis points […]
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Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
Key Points CNBC reported Monday, citing a person familiar with the matter, that Powell plans to be present for oral arguments in a case that challenges Trump’s power to remove governor Lisa Cook. “I actually think that’s a mistake,” Bessent told CNBC’s Joe Kernen in an interview from the World Economic Forum in Davos, Switzerland. […]
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Davos, Trump’s Greenland tariffs, Stellantis’ tough run and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Breaking news this morning: Netflix submitted an all-cash offer for Warner Bros. Discovery‘s assets, the latest twist in the fight for the media giant’s studio and streaming businesses. CNBC reported last week that Netflix was likely to adjust its bid. […]
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Bessent says Trump’s pick for the next Fed chair could happen next week
Key Points After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent told CNBC on Tuesday. “My guess is the president will reach a decision maybe as soon as next week,” he said during the interview at the World Economic […]
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Fed chief Powell to attend Supreme Court arguments on Trump bid to fire Lisa Cook
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell plans to attend oral arguments on Wednesday at the Supreme Court in a case challenging the […]
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