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 ...
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
Axios on MSN8h
Scoop: Powell requests IG review on $2.5 billion renovation amid Trump pressure
Federal Reserve Chair Jerome Powell has asked the central bank's inspector general to review its $2.5 billion headquarters ...
Video: Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky
President Trump has signaled he is looking to name a replacement for Federal Reserve Chair Jerome Powell far earlier than usual—in a bid to undermine him. Here's how the "shadow chair" gambit could ...
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 ...
Can Jay Powell Make It Through the Weekend?
Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.
Trump Adviser Says This Is How The President Could 'Certainly' Fire Powell
Powell has been repeatedly criticized by the president over the U.S. central bank’s resistance to cut interest rates despite ...