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Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred attack strategies — ...
Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on ...
Trump escalates pressure on the Fed with a high-profile visit, signals retreat from firing Powell while pushing for rate cuts ...
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 yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...
Powell's request follows a letter he received from Office of Management and Budget (OMB) Director Russell Vought last week, who criticized the project's $2.5 billion price tag, which was up from ...
The Trump administration appears to be ramping up pressure on Jerome Powell to step down as Federal Reserve chair, with one federal agency issuing a statement voicing support for his departure ...
Vought, in a letter to Powell, said Trump is “extremely troubled” that he has “plowed ahead with an ostentatious overhaul” of the Fed’s headquarters in Washington, D.C.
Powell's term as chair ends in May 2026. Vought's letter criticizes Powell's management of the Fed, suggesting that the administration could be trying to build a case to remove the chair for cause.
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President ...
President Donald Trump, who nominated Powell as Fed chair in 2017, has frequently voiced dissatisfaction with the Fed’s recent “wait-and-see" approach to lowering interest rates, calling ...
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