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Fed Chair Powell's finally fighting back

USA TODAY on MSN · 6h

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?

Axios on MSN · 10h

Here's how Trump's feud with Fed Chair Jerome Powell escalated

The Federal Reserve's $2.5 billion plan to renovate its D.C. headquarters is the latest flashpoint in President Trump's ongoing feud with chair Jerome Powell over interest rates. Why it matters: Trump previously said he wouldn't attempt to fire Powell until the chair's term ends next year,

Reuters on MSN · 22h

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.

Powell, Fed

Reuters on MSN · 4h

Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports

U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project aimed at overhauling Fed buildings, Politico reported on Monday, citing a letter to lawmakers by Powell.

Bloomberg on MSN · 10h

Powell Asks Fed’s Inspector General to Review Renovation Project

Federal Reserve Chair Jerome Powell has made a formal request that the central bank’s inspector general review its $2.5 billion building renovation, according to a spokesperson for the IG’s office.

U.S. News & World Report · 12h

Fed's Powell Asks for Inspector General Review of Project Criticized by Trump Officials

It follows a letter to Powell last week from Office of Management and Budget Director Russell Vought, who wrote that President Donald Trump was "extremely troubled" by cost overru

2hon MSN

Trump firing Fed Chair Powell could spark 'Nixon shock,' warns analyst

Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon ...

2hon MSN

Jerome Powell's 'building fiasco' will be the 'end of his career,' says Bill Pulte

Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome ...

1don 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 ...

3don MSN

Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints

William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome ...

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 ...

3don 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 ...

5hon 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 ...

Trump's Authority Over Federal Reserve Under Scrutiny

White House economist Kevin Hassett stated that President Trump could fire Federal Reserve Chair Jerome Powell if evidence of ...

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