News

Jerome Powell asks inspector general to review Fed's $2.5B renovation project
The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue ...
If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank
If President Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would ...
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 ...
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 ...
Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s ...
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 ...
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 ...
Powell's ouster 'one of the largest underpriced event risks over the coming months'
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...