Fed, White House and Powell
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Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ renovation and resisted rate cuts.
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 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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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.
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.
President Trump is insisting that Federal Reserve Chair Jerome Powell should lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady has more.
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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.