Fed, Powell and Trump
Digest more
The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.
5hon MSN
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates entered a new front this week
The acting CFPB director showed his inner Sylvester Stallone, using his position as the White House’s budget chief to grill Federal Reserve Chair Jerome Powell on a hot-button renovation.
OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a letter sent to the central bank chairman raising concerns about renovations of the institution's Washington,
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
Vought has claimed that Powell failed to follow government oversight rules and misled Congress about the details of a $2.5 billion renovation project at the Fed’s Washington DC headquarters.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.