Fed, Trump and Powell
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President Donald Trump visited the Federal Reserve headquarters in Washington Thursday, where he publicly scorned Fed chairman Jerome Powell over the costs of a long-planned, roughly $2.5 billion renovation project.
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
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Raw Story on MSNTrump lashes out moments after White House insider vows Jerome Powell won't be firedPresident Donald Trump lashed out at Fed Chair Jerome Powell on Truth Social Wednesday moments after Treasury Secretary Scott Bessent appeared on MSNBC to claim Powell's job is safe. Morning Joe host Jonathan Lemire asked Bessent,
President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about what would happen if Trump actually tires to fire the central bank leader.
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,
Trump Says Firing Fed Chair Is 'Highly Unlikely,' But Here's How The Move Would Shake Global Economy
Economist Clifford Winston joined "Forbes Newsroom" to discuss President Donald Trump's recent criticisms of Federal Reserve chair Jerome Powell.
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while