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Fed, Jerome Powell and Trump

Trump Attacks Cost of Fed Building. Why That Puts Powell’s Job Under Pressure.

President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly renovation of the central bank’s headquarters and again calling for him to step down.

Reuters on MSN · 16h

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.

MSNBC · 14h

Economist explains why Trump threatening to fire Fed chair Jerome Powell is counterproductive.

MSNBC's Alex Witt spoke with Lael Brainard, former director of the National Economic Council under President Biden and distinguished fellow at the Georgetown Psaros Center for Financial Markets, about the real reason Brainard thinks Trump wants to fire Federal Reserve Chair Jerome Powell.

14hon MSN

Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

Cryptopolitan on MSN2d

Jerome Powell agrees to resign as Fed Chair after sustained pressure

Jerome Powell has agreed to step down as chair of the Federal Reserve following relentless attacks from President Trump and ...

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 ...

2don MSN

Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints

William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome ...

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 ...

2hon MSN

Will Bessent serve as Fed chair, Treasury secretary at the same time?

The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from Washington to Wall Street and beyond. Senators ...

2don MSN

Director of federal agency suggests Fed Chairman Powell is considering resigning

Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.

3don MSN

White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

Devdiscourse22h

Trump's Authority Over Federal Reserve Under Scrutiny

White House economist Kevin Hassett stated that President Trump could fire Federal Reserve Chair Jerome Powell if evidence of ...

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