"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.

Trump initially appointed Powell to the role of Fed Chairman in 2018. Joe Biden renominated him in 2021.

Sen. Ron Wyden (D-Ore.) on Thursday slammed the Trump administration for not making deceased sex offender Jeffrey Epstein’s financial records available to Congress and the public. “Big news from my investigators on Epstein’s sex trafficking operation: the Trump administration has an Epstein file detailing 4,

Deutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.

Deutsche Bank said Tuesday that it possesses tax returns tied to President Donald Trump — the latest development in the effort by House Democrats to obtain the president's financial information.

Deutsche Bank responded by suing Mr. Trump, demanding that he immediately repay the portion of the loan, $40 million, that he had personally guaranteed. The litigation lasted into 2010.

Trump and three of his children – Ivanka Trump, Donald Trump Jr. and Eric Trump –have sued Deutsche Bank in an effort to block it from complying with a congressional subpoena for the family's ...

Key Takeaways The administration has admonished Federal Reserve Chair Jerome Powell for costly repairs to the central bank's main buildings.The Fed says the repairs were needed to address the disrepair of a building that hadn't been renovated since it was built in the 1930s.

In 2012, Deutsche Bank lent the Trump Organization a total of more than $100 million to finance the 72-hole Doral resort near Miami, home to the famed Blue Monster course.