News

Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky
President Donald Trump has signaled he’s already looking to replace Federal Reserve Chair Jerome Powell far earlier than ...
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 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 ...
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 ...
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.
Fed Chair Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from ...
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 ...
Jerome Powell ‘considering resigning’ amid Dan Bongino rumors; officials issue first statement
Fed Chair Jerome Powell is ‘considering resgining’, according to reports. Chairman of the Board of Fannie Mae and Freddie Mac ...