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The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...
Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred attack strategies — ...
Trump escalates pressure on the Fed with a high-profile visit, signals retreat from firing Powell while pushing for rate cuts ...
Few people noticed when a former Federal Reserve economist published a report earlier this year about ballooning costs in the ...
The Fed's budget shows the project's current estimated cost at $2.46 billion up from $1.88 billion in 2024, a difference of about $580 million.
An excerpt from "Trillion Dollar Triage" details Fed Chair Jerome Powell’s measured public responses – and more candid private reactions – to Trump’s ongoing threats to fire him.
If Mr. Trump fired Mr. Powell, the Fed chair would be entitled to both a notice of the charges and an opportunity to be heard by the president before the firing became official, Mr. Menand said.
Trump denies current plans to fire Powell but acknowledges the fed chairman's term is ending soon. Legally, Trump cannot fire Powell, whose term ends in May 2026.
President Donald Trump, who made a television career out of saying “You’re fired!” to people, wants to say those words to Federal Reserve Chair Jerome Powell. On Wednesday, White House ...
Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from Republican senators. They fear the repercussions if President Donald Trump follows through with his threats.
In the bond market, the yield on the 10-year U.S. Treasury fell to 4.45% from 4.50% late Tuesday. It had been as low as 4.44% earlier in the day, but it climbed following the reports that Trump was ...
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