Tag Archives: Powell

Trump Threats Send Wall Street Hunting for Perfect Powell Hedge  Bloomberg.com Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell  CNBC Trump seizes on Fed renovations as potential Powell ouster  The Hill How Trump is building a case to fire the Fed chair, explained  CNN “The Daily Show” Destroyed Trump’s Latest Biden Attack By Showing Literally Just 1 …

WASHINGTON (AP) — President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell. Such an unprecedented step could send the financial markets into a tailspin and over time push up interest rates and …

Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Monday, June 30, 2025. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary Scott Bessent recently urged President Donald Trump not to fire Treasury Secretary Jerome Powell, warning of the potential economic, political, and legal consequences of such a move, according to a new …

Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell  The Wall Street Journal Why the Federal Reserve’s Building Renovation Costs $2.5 Billion  Bloomberg.com Trump appointees pushed more marble in Fed building renovation White House now attacks  AP News Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell  CNBC Powell defends $2.5 billion Fed …

New York CNN  —  As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates. “You have cost the USA a fortune and continue to do so,” Trump wrote in a handwritten note to Powell that he …

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. On Wednesday, Donald Trump once again indicated that he was on the verge of firing Jerome Powell, chairman of the Federal Reserve, over Powell’s refusal to cut interest rates in the midst of stubborn inflation. The markets promptly nosedived, …

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope  The New York Times Fed’s rate-cut delay intact as inflation fears override Trump pressure  Reuters How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision  PBS Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts  Fortune Trump Reacts to Inflation News …

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.  The New York Times How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision  PBS Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy  Reuters Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates  Bloomberg.com Trump Reacts to Inflation News With Fresh Demand  Newsweek Source link

Fed’s Powell responds to White House on Fed headquarters renovation  Reuters Powell defends $2.5 billion Fed renovation in a point-by-point response to the Trump administration  CNN Fed Chair Powell responds to White House questions about HQ renovation  CNBC President Trump, Jerome Powell, and Why Their Relationship Matters  The New York Times Behind Trump’s move to back off Powell: Lawyers warned against it.  Politico Source link

CNN  —  Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its Washington, DC, headquarters. Russell Vought, director of the Office of Management and Budget, suggested in a social media post last week that Powell had broken the law by …