Tag Archives: fed

Washington: The US Supreme Court on Thursday allowed President Donald Trump to fire leaders of two independent agencies, but signalled that such dismissals would not be permitted for the Federal Reserve. The 6-3 decision puts on hold a lower court’s order that the two leaders be reinstated and marks a …

Washington: US President Donald Trump said Tuesday he had no plans to fire the Federal Reserve chief, in apparently conciliatory remarks after berating him and triggering market turmoil. Wall Street investors dumped US assets on Monday, with all three main indexes down after Trump took a series of swipes at …