>> THE FAKE NEWS IS SAYING, IF YOU FIRED HIM, IT WOULD BE SO BAD. SO WE HAVE A STUPID PERSON. I KNOW THREE OR FOUR PEOPLE, WHO YOU ALL ARE GOING TO PICK.I WOULD LOVE HIM TO RESIGN IF HE WANTED TO. HE'S DONE A LOUSY JOB. JEROME POWELL HAS BEEN BAD FOR OUR COUNTRY.WE SHOULD HAVE THE LOWEST INTEREST RATE ON EARTH AND WE DON'T. HE REFUSES TO DO IT. YET, HE IS SPENDING TWO POINT $5 BILLION REBUILDING THE FED. HE IS A TERRIBLE FED CHAIR.I'M SURPRISED HE WAS APPOINTED. WE ARE NOT PLANNING ON DOING ANYTHING. WE ARE ...

Now, the president is also pointing out that Jay Powell's term is head of the Fed. It ends next May anyway, right. And when he was asked today who could replace Powell, he was asked if one person in particular is being considered.[Music] Kevin's somebody would consider Kevin is fantastic, too. Uh we have a lot of good people for that job. It's not a tough job, to be honest.All right. In a not at all awkward segue, that man is with us right now, Kevin Hasset, the director of the National Economic Council. Di ...

The firing of Powell ahead of the end of his term in 2026 would throw the Fed’s independence into question, and likely boost the haven appeal of gold https://t.co/L80wXeo10F ...

Talk to us about Jerome Powell. Should the president fire him. I I think the Federal Reserve should be independent.Um, in some countries, the central bank is not uh and their economy pays the price. Do you think it would throw the global economy into flux to get rid of Powell at this point. Would that be a risk.I think it would crash the stock market and it would crash the bond market and it would cause interest rates um to rise probably a 10-year Treasury at least 100 maybe 200 basis points which would uh ...

The nation’s biggest bankers are speaking out to defend the independence of the Federal Reserve while President Trump openly discusses ousting Chair Jerome Powell https://t.co/P5iQu53BEM ...

I'm wondering, do you disagree with the criticism of the Fed chair's performance or just the suggestion that he should be fired over it. Look, I have made clear for a long time that I disagree with Jerome Powell on monetary policy and on regulatory oversight. And I've been open and vocal and quite public about all of that.But I have no hesitation about saying that the Fed chair is independent. I will try to persuade him about what I think he should be focusing on, on interest rates or on oversight of the gi ...

camera and joining us today for a big story, the big story for the markets today. Let's get more reaction on the fed with Jefferies chief market strategist and CNBC contributor David Zervos. David, it's great to have you on. You know, it's interesting because you're on CNBC.Earlier today, as we were getting reports that Trump was drafting this letter and planning to potentially do this. And then right after that hearing from the president himself that it's unlikely. And, you know, I sort of leave that with ...

Financial Performance & Guidance - Bank of America maintained its net interest income (NII) guidance despite better-than-expected loan growth and fewer expected rate cuts [1] - Bank of America's net interest income (NII) reached $148 billion in the current quarter [3] - Bank of America projects net interest income (NII) to be between $155 billion and $157 billion by the fourth quarter [3] - Bank of America anticipates a 6-7% increase in net interest income (NII) this year compared to last year, with momentum carrying into 2026 [5] Growth Drivers - Bank of America experienced 7% loan growth and 4% deposit growth over the last 12 months [4] - Bank of America emphasizes disciplined deposit and loan pricing as contributing factors to net interest income (NII) growth [4] Macroeconomic Perspective - An independent Federal Reserve (Fed) is crucial for the stability of the global economy, particularly for a large economy like the United States with over $30 trillion in debt [8][9] - A stable central bank is very important because of the size of the US economy [8]

we're gathering more information. But I hope you saw yesterday, ambassador. >> You're not watching the.>> Halftime report. That was just video of the president at the. >> White House taking questions.>> After a report crossed that saying that Trump will likely fire Fed Chair Jerome Powell. >> Quote, unquote. >> Soon, according to a white House official.The president. >> Now saying. >> That is highly unlikely when you get over to our Megan Cassella live in D.C. With much more on this story. >> Megan.>> Hey. ...

I mean speaking of rates, you've been for last year or so at least higher for longer camp and Fed for the better part of the year has been on hold. So that's been right. What do you think happens next. Well, you know, the trajectory here, you know, you're asking what happens next.You're talking about in 2025. You think we'll get a few cuts. I I think there's I think there's a reasonable chance we get a cut or two.Um but not certain. And you know I think the market is absorbing the trade policy but on the ca ...