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News

Fed, White House and Powell

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 · 8h · on MSN
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.

Continue reading

 · 2d
Fed Defends Renovations as White House Widens Attacks on Central Bank
 · 1d · on MSN
White House Seizes on Fed Renovations as Opening to Oust Powell
6hon MSN
Monetary policy at the world’s most important central bank could hinge on an argument over building renovation specs
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...
9hon MSN
White House defends tariffs on Brazil despite trade surplus
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
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 ...

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