Powell, White House and Federal Reserve
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A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
1don MSN
White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be halted. In a Thursday letter obtained by The Post,
Vought's accusation follows the pressure campaign President Donald Trump has fronted, pushing Powell to lower interest rates and has also played with the idea of replacing Powell as Fed chair. On Wednesday,
1don MSN
In a potential escalation of President Donald Trump's feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether Powell has been misleadin
OMB Director Russell Vought fielded questions from reporters this morning about Federal Reserve Chair Jerome Powell.