Private Equity Billionaire Praises Powell Amid Market Tensions
TL;DR Summary
Billionaire David Rubenstein praises Fed Chair Jerome Powell for his effective management, highlighting the lack of recessions during his tenure and his transparency, amidst ongoing political attacks from President Trump who has publicly criticized Powell and considered firing him. The political tension continues as Trump polls on Powell's removal, despite Powell's term ending in 2026.
- Private equity billionaire David Rubenstein on Jerome Powell: He's done a very good job Yahoo Finance
- Trump Has Penned Letter To Fire Fed Chair Jerome Powell The New York Times
- Dollar recovers from Fed fright, Wall Street watching Netflix Reuters
- Opinion | Firing Powell Would Be a Blunder The Wall Street Journal
- Treasury yields are little changed as investors digest economic data, Trump-Powell fight CNBC
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