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White House, Jerome Powell and Fed

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 · 1d

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.

CNN on MSN · 4d

The White House just took its most aggressive stance yet against Jerome Powell

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

2hon MSN

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

1hon MSN

Bessent: ‘Formal process’ underway to pick Powell successor

Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

10hon MSN

Powell seeks review of updates

Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's building ...

Trump slams Fed's Powell again, as White House eyes ways to fire him

Australia will not commit troops in advance to any conflict, Defence Industry Minister Pat Conroy said on Sunday (July 13), ...

1don MSN

White House defends tariffs on Brazil despite trade surplus

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...

18h

Fed's Powell Asks Watchdog to Take Fresh Look at Renovation Project, Politico Reports

Recent comments from White House economic adviser Kevin Hassett on criticism of the Fed's renovation costs have confirmed the ...

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