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White House's new line of attack against Powell

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.

Bloomberg on MSN · 20h

White House’s Vought Pressures Powell Over Fed Renovation

A key Trump official said Federal Reserve Chair Jerome Powell has “grossly mismanaged” the institution and demanded more information about the central bank’s renovation of its headquarters in Washington.

Reuters on MSN · 16h

White House slams Powell over Fed finances, project cost overruns

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations.

4hon MSNOpinion

OMB's Russell Vought: Powell has fundamentally mismanaged the Federal Reserve

Russell Vought, OMB director, joins 'Squawk Box' to discuss the director's thoughts on Jerome Powell's management of the ...

Banking Dive21m

Dive Deposits: The time Russ Vought moonlighted as a 1980s action star

The acting CFPB director showed his inner Sylvester Stallone, using his position as the White House’s budget chief to grill ...

17hon MSN

Trump admin live updates: OMB Director Vought says Powell has 'grossly mismanaged' the Fed

Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly ...

'FEMA Needs To Be Reformed': Vought talks Federal Spending, Jerome Powell | TRENDING

Russell Vought, President Trump's top budget adviser, took questions Friday morning as the White House ramps up pressure on the Federal Reserve to lower rates. Vought said Federal Reserve Chairman ...

20hon MSN

White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

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