Donald Trump

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

The president said that European Central Bank President Mario Draghi would do a better job overseeing monetary policy in the U.S. than Fed Chairman Jerome Powell.

Aides will send a short list of candidates to President Donald Trump soon.

President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.

Former Fed Vice Chairman Stanley Fischer predicted President Trump won’t renominate Jerome Powell as central bank chair, undercutting the Fed’s autonomy.

President Trump sharply criticized Jerome Powell in an interview aired Friday, blaming the Federal Reserve chairman for raising interest rates.

Municipal issuers are benefiting from lower interest rates and investor demand that seem at least partly driven by the nearly constant talk of tariffs and trade wars.

Municipal market participants are increasingly skeptical that an infrastructure bill will pass this year.

While futures signaled traders' expectations, analysts said conditions aren't ripe for the Federal Reserve to ease credit.

The White House is considering conservative economist Judy Shelton to fill one of the two vacancies on the Federal Reserve Board of Governors.