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Fed Chair Powell's finally fighting back

Fed Chair Powell's finally fighting back as the White House looks to fire him "for cause"

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?

Reuters on MSN · 16h

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 cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday and that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

Politico on MSN · 6h

Powell asks watchdog to probe Fed HQ renovations as Trump pressure grows

The move comes amid speculation that Trump, who has clashed with Powell over interest rates, might try to use the project to remove the Fed chief “for cause."

Trump ramps up his war on Jerome Powell - and might have found reason to oust the Federal Reserve chair

Donald Trump has found a new angle to attack Federal Reserve Chairman Jerome Powell and potentially replace him ...

41mon MSN

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

23hon MSN

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 ...

1don MSN

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...

6hon MSN

If Trump fires the Fed’s Powell, ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

If President Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would ...

2don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

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.

2don MSN

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 ...

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.

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