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White House, Federal Reserve and Powell

Powell Letter Addresses White House Criticism of Fed Renovations

Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project. “We take seriously the responsibility to be good stewards of public resources as we fulfill the duties given to us by Congress on behalf of the American people,

Fortune on MSN · 21h

Jerome Powell sends point-by-point response to White House about Fed office renovations

Jerome Powell has responded to sharp criticism from the Trump administration about renovations to the Fed’s offices, answering questions about changes to the project as well as reaffirming the central bank’s commitment to “transparency for our decisions and to be accountable to the public.”

Associated Press News · 8h

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 grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates.

Trump, Powell

CNN · 23h

3 ways Trump trying to fire Powell could backfire

If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.

Los Angeles Times · 1d

Trump raises pressure on Powell while calling firing ‘unlikely’

President Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.

NBC New York · 13h

What a Trump, Powell faceoff means for your money

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already.

8don MSN

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 ...

Trump tells GOP lawmakers he will likely fire Powell ‘soon’

President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office ...

2don MSN

Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...

Gold falls on stronger dollar after Trump says he won't fire Powell

Gold prices eased on Thursday, pressured by a firmer U.S. dollar, as investor worries eased temporarily after President ...

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