The billionaire hedge fund founder’s comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
These are the stocks posting the largest moves in midday trading.
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s 2% goal.
The resignations add further to uncertainty at the CFPB, which has been targeted by trade groups and conservatives for years.
Donald Trump Jr. and Eric Trump participated in a recent private placement in the holding company.
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
These are the stocks posting the largest moves in premarket trading.
Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures.
Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD’s founder and chairman Wang Chuanfu said.