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Fed, Powell and White House

Powell Letter Addresses White House Criticism of Fed Renovations

Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project. “We take seriously the responsibility to be good stewards of public resources as we fulfill the duties given to us by Congress on behalf of the American people,

· 11h · on MSN

Jerome Powell sends point-by-point response to White House about Fed office renovations

· 21h · on MSN

Fed's Powell responds to White House on Fed headquarters renovation

· 1d

Republican Senators Caution Trump Against Firing Fed Chair Jerome Powell

Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove t...

· 6h

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

· 5h

Trump appointees pushed more marble in Fed building renovation White House now attacks

· 12h

Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early

Orlando Gemes, CIO and co-founder of Fourier Asset Management, favours convertible bonds issued by crypto exchange Coinbase.

· 21h

Wall Street cruises to more records as PepsiCo and tech stocks rally

· 22h

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

Jerome H. Powell, Trump

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· 25m

Trump’s War With Powell Throws a Little-Known Planning Board Into Scrutiny

The controversy over the cost of the renovations has thrust the National Capital Planning Commission, a 12-person panel that was created by Congress in 1924, into a rare political spotlight.

· 1d · on MSN

Behind Trump's move to back off Powell: Lawyers warned against it.

· 12h

3 ways Trump trying to fire Powell could backfire

· 1d

Can Trump fire the Fed chair? He’s building a $2.5 billion excuse

The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this year that President Donald Trump would need a reason, or cause, to fire F...

· 1d

Trump raises pressure on Powell while calling firing ‘unlikely’

· 1d

The Fed building renovations at the center of Trump's fight with Powell: Five things to know

· 1d

Trump has already crossed Fed independence Rubicon

The dollar has clocked its worst start to a year since the United States dropped the gold standard in the early 1970s.

· 1d

Morning Bid: Markets calm down after Powell poser

· 1d

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Trump tells GOP lawmakers he will likely fire Powell ‘soon’

President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office

2don MSN

Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is."

6don MSN

'Huge deal': White House probe fuels speculation Trump could oust Powell

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.

Can Trump Fire Powell? He Likely Lacks a Case, Legal Experts Say.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.

What a Trump, Powell faceoff means for your money

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already.