Watch CBS News

Speaker Johnson says it's "a rocky road" for Powell until end of Fed chair's term

House Speaker Mike Johnson told CBS News chief Washington correspondent Major Garrett that he understood President Trump's frustration with Federal Reserve Chairman Jerome Powell, adding that it's going to be "a rocky road" for the Fed chair between now and the end of his term in May 2026. CBS News MoneyWatch correspondent Kelly O'Grady and Barron's senior writer Martin Baccardax join with analysis.
View CBS News In
CBS News App Open
Chrome Safari Continue