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Fed, White House and Jerome Powell

Fed Defends Renovations as White House Widens Attacks on Central Bank

President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude to seeking his removal.

Reuters on MSN · 17h

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, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

CNBC on MSN · 20h

Trump ‘certainly' can fire Fed chair Powell ‘if there's cause': Hassett

National Economic Council Director Kevin Hassett said the White House is looking into whether it has the authority to fire Federal Reserve Chair Jerome Powell.

2don MSN

Jerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ: report

A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows ...

Can the Next Fed Chair Truly Be Independent From Trump’s Influence?

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

11don MSN

Can Trump fire Jerome Powell? Here's when Fed chair's term ends

Powell, who was nominated by Trump to lead the Fed during his first administration, has been facing pressure from President ...

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 ...

2don 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 ...

Cryptopolitan on MSN19h

Hasset says firing Powell could be justified if there’s cause

His comments follow President Donald Trump’s intensified criticism of Federal Reserve Chairman Jerome Powell, accusing him of ...

3don MSN

Why Powell is ignoring Trump’s push to quickly slash interest rates

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.

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