News

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 ...
Trump is ‘extremely troubled’ by Fed’s approach according to new letter, but bank official stands firm on independence
In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing ...
Trump’s OMB director says Powell 'has grossly mismanaged' Fed as White House pressure builds
White House budget director Russell Vought said in a social media post that Jerome Powell 'has grossly mismanaged the Fed' as ...
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against ...
What Trump’s increasingly aggressive attacks on Powell are all about
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 ...
Trump trying to make Powell ‘as miserable as possible’: Haberman
President Trump is putting pressure on Federal Reserve Chairman Jerome Powell to lower interest rates, and has been critical of the Fed’s $2.5 billion office renovation.
FirstFT: White House opens new front of attack on Fed chief Jay Powell
Also in today’s newsletter, Reeves puts reform of UK cash ISAs on hold and Google is to agree cloud discount with US ...
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 ...