News

Hassett says White House probing Fed renovation costs, authority to fire Powell
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...
White House Seizes on Fed Renovations as Opening to Oust Powell
A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed ...
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Debate Over Fed Chair Powell's Tenure Amidst Renovation Cost Controversy
U.S. President Donald Trump might seek to fire Federal Reserve Chair Jerome Powell over alleged $700 million cost overruns on ...
Trump’s OMB director says Powell 'has grossly mismanaged' Fed as White House pressure builds
White House budget director Russell Vought said in a social media post that Jerome Powell 'has grossly mismanaged the Fed' as ...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...
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 ...
Powell's ouster 'one of the largest underpriced event risks over the coming months'
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...
Fannie Mae chairman ‘encouraged’ by chatter Powell may consider quitting amid Trump tiff
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position.  “I’m encouraged by reports that Jerome ...