Tag Archives: Powell

“It looks like it’s about $3.1bn – it went up a little bit or a lot,” said Donald Trump, handing Jerome Powell a piece of paper as they stood amid construction at the US Federal Reserve’s Washington HQ. The usually unflappable Fed chief looked irritated, closed his eyes and shook his head. “I am not aware of that,” said Powell. …

Donald Trump sparred with the Federal Reserve chair, Jerome Powell, on Thursday during a rare presidential visit to the central bank’s headquarters. Trump was continuing his campaign to pressure the Fed to cut interest rates and was visiting its Washington headquarters to view costly renovations he has suggested are tantamount to fraud. Having branded Powell a “numbskull” for the Fed’s …

President Trump sparred with Fed Chair Jerome Powell over the final cost of the Federal Reserve’s renovations during an unusual visit to the central bank. Chip Somodevilla/Getty Images North America hide caption toggle caption Chip Somodevilla/Getty Images North America President Trump visited the Federal Reserve on Thursday to inspect an ongoing renovation of the central bank’s Washington, D.C., buildings — …

Trump’s pick to run the nation’s cybersecurity agency, Sean Plankey, evaded some questions about election security in his confirmation hearing with a Senate committee on Thursday morning. When Sen. Richard Blumenthal (D-CT) asked him if the 2020 election was rigged and stolen, the nominee said he had not reviewed that election’s cybersecurity and his personal opinions weren’t relevant. He acknowledged …

President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major escalation in the White House’s pressure campaign against Chair Jerome Powell. Trump said on Truth Social shortly before departing the White House that he would meet Powell when he arrives to the Fed. Joining the tour would be Sens. …

ECB Keeps Rates on Hold. Why It Joined the Fed and Powell on Pause.  Barron’s E.C.B. Pauses Rate-Cutting Campaign, as Trade Disputes Cloud Outlook  The New York Times Euro dips after ECB keeps rates unchanged  CNBC Upbeat ECB keeps rates steady, raising doubts about further easing  Reuters Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval  AP News Source link

WASHINGTON (AP) — President Donald Trump plans to step foot in the Federal Reserve on Thursday as his allies scrutinize its expensive building renovations, a highly personal and confrontational escalation of his campaign to pressure the central bank to slash interest rates. Trump administration officials have used concerns about the building overhaul to cast doubt on Fed Chairman Jerome Powell’s …

Trump to Visit Federal Reserve As Campaign Against Powell Intensifies  The New York Times Trump to visit Federal Reserve, ramping up pressure on Powell  Fox Business Trump and White House take their Powell battle to Fed HQ  Yahoo Finance Trump to tour the Federal Reserve’s $2.5 billion renovation, escalating his pressure campaign on Jerome Powell  CNN Trump to visit Federal Reserve amid scrutiny of …

Trump to visit Fed on Thursday, ramping up pressure on Powell  Reuters Trump to visit Federal Reserve, escalating campaign against Chair Powell  CNBC Fed Chair Jerome Powell hit with criminal referral by House GOP Trump ally  Fox News Top Trump official slated to inspect Fed’s $2.5B renovation amid cost scrutiny  Fox Business President Trump indicates he’ll let Fed Chair Jerome Powell serve out his …

U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump. Elizabeth Frantz | Nathan Howard | Reuters U.S. President Donald Trump will visit the Federal Reserve on Thursday, the White House said, escalating his pressure campaign against Chairman Jerome Powell. This is the first time in nearly two decades that an American president has made an official trip to …