News

How Bessent Made the Case to Trump Against Firing Fed Chair Powell
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
Trump appointees pushed more marble in Fed building renovation White House now attacks
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
White House blames Fed chair Powell over costly headquarters renovation
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?
Wall Street Hates the Idea of a ‘Shadow’ Fed Chair. It May Already Have One
The standoff between the men has led Trump to echo an idea first floated by Treasury Secretary Scott Bessent: the naming of a ...
Fed Chair Powell responds to White House questions about HQ renovation
Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought’s stern letter by pointing him to a public ...
Fed's Powell responds to White House on Fed headquarters renovation
Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about ...
How Trump is building a case to fire the Fed chair, explained
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
Trump vs. Powell: How Firing the Fed Chair Could Shake the Economy
Economists interviewed by Newsweek warned that removing Powell now would roil markets, erode trust in U.S. institutions and ...
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Fighting the Fed means more than switching chairs
The White House raised the specter of firing central bank head Jerome Powell over 'ostentatious' $2.4 bln renovations. Even ...
Himes: White House warning of ‘massive market reaction’ if Trump fires Powell
Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what ...