Fire Powell News Today

Hello, im jump pirro with Jesse Brandon and greg its 5 00 in New York City and this is the five. The republican candidates picking up the pieces after a wild second debate. The contenders ripping each other up while trying to sell themselves as the best chance to defeat President Biden but The Big Question is did anyone break through . The candidates seem to care more about delivering their one liners and talking over each other than trying to win over actual voteers youre ducking these things. ...

Say. >> we never take into account any political statements or discussions. we conduct monetary policy in order to move as close as possible to our statutory goals and thats what were always going to do. were always going to use our tools that way. >> jay powell saying what he said time and time again as the president continued to attack him, and that is the fed is an independent institution, immune from the kind of political pressures the presidents putting on that institution. thats to say, st...

Really seem to bother his people. i would add -- i spoke to a source yesterday that said, despite what the president says about this, there are no plans to demote or try to fire powell. the president thinks he can. >> jeff mason, good luck with your speech tonight. thank you very much. the battle over the u.s. -- mexico border turned into a social media firestorm for way fair. now the retailer says it will donate profits of bedroom furniture to a migrant facility. employees staged a walkout to...

Longest business cycles in the modern history coupled with the trade wars and the government shutdowns changes in the white house fears of a global slowdown and all the geopolitical events a confidence and confidence among investors about especially among consumers hes amassed to keep the economic expansion growing exactly everyones worried about that long positive cycle being over all coming to an end at some stage what about jerome pow he doesnt have to worry about his job anymore as head of t...

A global slowdown and all the geopolitical events a confidence and confidence among investors about especially among consumers hes amassed to keep the economic expansion growing exactly everyones worried about that long positive cycle being over all coming to an end at some stage what about your own power he doesnt have to worry about his job anymore as head of the fed. hes you know be worried even among continues pressure and criticism from a journal trump the white house has been trying to shu...

It is important that the fed is viewed as a stabilizing force in the markets. that is what the fed has been for the last ten years. the president had no right to traik credit for the economy. the president lives by the markets and dies by the markets. it was a mistake to take credit for what happens in the stock market. >> you have seen it to see donald trump would have cause to fire powell. do you think that would help things right now. >> i think this was such an inexplicable move. trillions o...

Frustrations on events out on people and personnel close to him but the fed chair, weve heard over the last several days, his administration officialls try to rein in on th notion he could fire powell. >> the president has long been blaming the federal reserve and his pick to run it, jerome powell. hes claimed in the past the fed has gone crazy by powells decision to raise interest rates multiple times throughout his administration claiming powell did it too quickly, that that has undercut econo...

The authority to fire powell, and that he was reassuring the investors that there is adequate liquid the ti liqu liquidity in the market. and so that is giving a lack of confidence in handling these situations makes people fear political instability, and we have democratic congress and potential impeachment, and robert mueller is getting closer to the president in terms of his investigation, and so question mark s ts on the horizon and th fact that the president would try to manipulate the econo...

Strong economic growth in the economy with robust activity from consumers and business alike. im curious to get your thoughts. the market is obviously in turmoil. did that phone call and the statement from the treasury secretary do more harm than good coupled with the statements the president has been making about jerome powell the fed chair? >> reporter: its hard to draw direct cause and effect between actions anywhere in washington and whats happening in the markets. its reasonable to draw. a ...

Rates. the dow fell by 600 or 700 points and kept falling. maybe this chairman is not competent and up for the job. >> now, mr. mulvaney is among those now saying that dont worry about it. the president now knows he is trying to fire powell and its not a good idea and its not going to happen. many contributing factors and there is talk about this government shut down and things might be operational again. how much is riding on the actions of the white house at capitol hill to help stabilize thin...