The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.
President-elect Donald J. Trump, shown at a rally in August, has urged companies to “drill, baby, drill” and pledged to cut energy bills by at least half, without specifying how.
President-elect Donald J. Trump has argued that steep tariffs on foreign goods will benefit U.S. manufacturing and create jobs, but many economists have warned that such a move may lead to higher costs and globally destabilizing trade wars.
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.
President-elect Donald J. Trump proposed a slew of loosely defined tax cuts during his campaign, but lawmakers and his advisers are undecided about how much they will lower taxes again.
President-elect Donald J. Trump elevated Jerome H. Powell, the Fed chair, to his current role in early 2018, but later soured on Mr. Powell and considered trying to fire or demote him.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Voters regularly cited the economy as a top concern in polls headed into the election, and they often suggested that they thought Donald Trump would do a better job in managing it.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Donald Trump’s return to the White House could upend some industries and the economy. But stocks and other assets are soaring on hopes that a new, business-friendly era beckons.
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
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