Jerome Powell
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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Gold and silver surge to fresh highs as investors digest Trump’s push for Greenland and flock to safer assets
Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic outlook. U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14. It comes after U.S. President Donald Trump announced […]
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Trump threatens to sue JPMorgan Chase for ‘debanking’ him
Jamie Dimon, Chairman and CEO, JPMorganChase, speaks during the Reagan National Defense Forum at the Ronald Reagan Presidential Library in Simi Valley, California, U.S. December 6, 2025. Jonathan Alcorn | Reuters President Donald Trump on Saturday threatened to sue JPMorgan Chase over allegedly “debanking” him following the Jan. 6, 2021, riot at the U.S. Capitol. […]
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Big earnings reports and worries around the interest rate outlook could sway markets next week
Company earnings and what happens with the interest rate outlook will unlock what’s next for a broadening stock market. Stocks are headed for a down week following an uneven start to the fourth-quarter earnings season. Of the big banks that kick off the reporting period, the retail banking players — JPMorgan, Citigroup, Bank of America, […]
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Trump tells Hassett he wants to keep him where he is; Warsh Fed chair odds jump
President Donald Trump on Friday said he’d prefer to keep National Economic Council Director Kevin Hassett in his position as top economic advisor, a statement that could change the dynamic in the race to see who will replace Jerome Powell as Federal Reserve chair. During an appearance in the White House, Trump said, “I see […]
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Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away
Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring […]
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Why the stock market keeps shrugging as Trump sows more political chaos
Stock investors largely shrugged off the criminal investigation of Federal Reserve Chair Jerome Powell — the latest example of the market looking past political risk. The Dow Jones Industrial Average initially tumbled nearly 500 points on Monday. Investors worried the probe represented a broader push by President Donald Trump to strip away the central bank’s […]
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Inflation data, bank earnings, Saks files for bankruptcy and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With yesterday’s inflation data, I am once again reminded that my preference for beef over poultry is hurting my grocery bill. Stock futures are down this morning. The three major indexes are coming off a losing day. Here are five […]
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CNBC Daily Open: Worries over Iran and Fed independence weigh on markets
U.S. President Donald Trump visits a Ford production center in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters U.S. President Donald Trump said in a Truth Social post on Tuesday that he had “cancelled all meetings with Iranian Officials,” and reiterated his support for protestors fueling one of the largest anti-government demonstrations in […]
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A major development in Trump’s Fed feud is set to happen next week in the Supreme Court
President Donald Trump speaks at the Detroit Economic Club in Detroit, Jan. 13, 2026. Evelyn Hockstein | Reuters As the Justice Department continues its investigation into the Federal Reserve, the next front in the central bank’s quest to maintain political independence will shift to the Supreme Court. On Jan. 21, the high court will hear […]
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