Trump, Fed and Powell
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Aside from interest rates, the president and Powell are also not on the same page about the Federal Reserve renovation costs and inflation.
President Donald Trump on Thursday visited the Federal Reserve building to tour its renovations as he pushes the agency to cut interest rates. Trump was joined by Federal Reserve Chairman Jerome Powell and stood in the middle of the ongoing renovations during a press conference.
A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your wallet.
Trump has previously signaled he was considering whether to fire Powell, though it is unclear if he has the legal authority to do so.
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Maddow Blog | Trump struggles with facts as Fed Chair Jerome Powell corrects him in real time
Donald Trump is rarely fact-checked by his own appointees on camera. Federal Reserve Chairman Jerome Powell did it anyway.
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Trump is trying to ‘cajole’ Powell to lower interest rates: Commerce Secretary Howard Lutnick
Commerce Secretary Howard Lutnick discusses how President Donald Trump and Federal Reserve Chair Jerome Powell’s sparred over renovation costs for the ‘Fed Mahal’ on ‘The Ingraham Angle.’
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The National on MSNTrump continues attacks on Powell as White House aides to tour site of latest flashpoint
US President Donald Trump has continued his relentless pressure campaign on the Federal Reserve to cut interest rates, again calling the board to act as he says chairman Jerome Powell “just doesn't get it”.