White House, Federal Reserve and Powell
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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.
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The New Republic on MSNTrump Rips Jerome Powell as Feud Shows No Sign of Cooling DownPresident Trump on Friday morning threw barbs at Trump-appointed Federal Reserve Chairman Jerome Powell, against whom he’s railed over and over again in recent months due to the Fed’s refusal to cut interest rates.
President Trump again said Jerome Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with me' if Congress investigates the Federal Reserve chairman.
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
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Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.
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Cryptopolitan on MSNTrump says Fed Chair Powell “demeans the great credit of the USA”Trump is tearing into Jerome Powell once again, this time for what he says is complete disrespect for America’s financial strength.
The president's ongoing effort to push Fed Chairman Jerome Powell out of his job are part of a dangerous effort to undermine the central bank's nonpartisan monetary policy processes.
OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a letter sent to the central bank chairman raising concerns about renovations of the institution's Washington,
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Cryptopolitan on MSNUS Federal Housing director calls on Congress to investigate Fed’s Powell over $2.5B Palace scandalFederal Housing Finance Administration Director Bill Pulte has called for an immediate Congressional investigation into Powell over a $2.5 billion headquarters upgrade.