Powell, Fed and Trump
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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.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
The Trump administration is investigating Fed Chair Powell's testimony about the central bank's renovation project amid Trump's calls for Powell and the Fed to lower interest rates.
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.
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'He's Costing Us!': Trump BLASTS Jerome Powell | Claims US Was 'Dead' Before His ComebackDuring his visit to Texas after the July 4 disaster, Donald Trump slammed Jerome Powell, blaming him for high interest rates and saying he's "costing the country." Trump claimed the U.S. was a "dead country" a year ago but is now the "hottest" in the world under his leadership.
President Donald Trump on Friday again came to the defense of Brazil's former president Jair Bolsonaro, who is charged with trying to overturn his 2022 election loss. Trump was asked if he was going to talk with Brazil's leader after hitting the nation with import taxes of 50%.
It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.
As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points.
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President Donald Trump ousted Joe Biden’s appointees to the National Capital Planning Commission, the obscure panel that oversees urban planning for the Washington area. And instead of the usual wonky architecture types,
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Explícame on MSNTrump's Pressure on Jerome Powell to Resign from the Fed ContinuesTrump's push to oust Jerome Powell over interest rates and Fed renovation costs highlights growing tensions around economic inequality and political control.
President Trump is trying to make Jerome Powell’s “life as miserable as possible” as he ramps up pressure on the Federal Reserve chair to lower interest rates or leave the central bank, a reporter who has closely followed Trump asserted this week.