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 ...
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 ...
White House ramps up pressure on Fed's Powell three weeks before next interest rate decision
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
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 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 ...
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 ...
Marketplace2d
September Fed rate cut is not a sure thing, despite market behavior
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
Stocks close higher despite go-slow Fed, poor Prime Day showing
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...