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Economy Jun 16

WATCH: Powell warns that long downturn would mean severe damage

By Martin Crutsinger, Associated Press

Economy Dec 25

U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in Washington, U.S., November 2, 2017. Photo by Carlos Barria/Reuters
Watch 5:47
Does the president have legal authority to fire the Fed chair?

President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire Powell. But does he have the legal authority to do so? New York Times correspondent Binyamin Appelbaum…

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