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Fed, White House and Powell

White House slams Powell over Fed finances, project cost overruns

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations.

Bloomberg on MSN · 5h

White House’s Vought Pressures Powell Over Fed Renovation

A key Trump official said Federal Reserve Chair Jerome Powell has “grossly mismanaged” the institution and demanded more information about the central bank’s renovation of its headquarters in Washington.

Associated Press News on MSN · 6h

White House budget director accuses Fed chair of violating building rules in renovation

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.

Fed's Spending Trump Uses Against Powell

Investopedia on MSN · 2h

Trump's Latest Attack On Fed Chair Powell Involves A Beehive And A Rooftop Garden

The White House has stepped up its attacks on Federal Reserve Chair Jerome Powell, criticizing him over renovations at the central bank's Washington, D.C. headquarters.

The New York Times · 5h

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 already raised doubts about their credibility.

Washington Examiner on MSN · 15h

‘ANYBODY BUT “TOO LATE”‘: Who’s on Trump’s short list to replace Powell as Fed chairman

Donald Trump is narrowing down his short list of possible successors to Federal Reserve Chairman Jerome Powell, as he resists the president’s very public calls to cut interest rates. The top contenders include two Kevins,

2hon MSN

Trump admin live updates: OMB Director Vought says Powell has 'grossly mismanaged' the Fed

Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly ...

2hon MSN

‘It’s Not Political’: Fed’s Waller Doubles Down on July Rate Cut

Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...

Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.

The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...

6hon MSN

Fed considers changes to how it grades big banks

The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered ...

15hon MSN

Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘masterclass’ in indecision

Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to ...

14hon MSN

What Division Inside the Fed Means for Future Interest-Rate Cuts

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

8hon MSN

Fed's balance sheet drawdown likely can continue for some time, Waller says

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank ...

7hon MSN

Fed considering changes to what constitutes a 'well-managed' bank

Under a proposal put up for comment Thursday, the Fed would allow banks with one "deficient" rating to still be considered ...

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Fed, White House and Powell

Fed's Spending Trump Uses Against Powell

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