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Fed, White House and Jerome Powell

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.

AOL · 25m

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 headquarters, with one saying the Trump administration is examining whether it can fire the policymaker and the other saying the Fed has 'lost its way.

TheStreet on MSN · 22h

White House makes bold decision on Fed Chair Powell's future

It’s just the latest Beltway chatter sprouting from the White House to an independent government agency and its head that traditionally stays clear of politics. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵 And while slurs,

Fed, Jerome Powell and Trump

MSNBC · 15h

Economist explains why Trump threatening to fire Fed chair Jerome Powell is counterproductive.

MSNBC's Alex Witt spoke with Lael Brainard, former director of the National Economic Council under President Biden and distinguished fellow at the Georgetown Psaros Center for Financial Markets, about the real reason Brainard thinks Trump wants to fire Federal Reserve Chair Jerome Powell.

The Wall Street Journal · 27m

Trump Ouster of Fed Chair Powell Could Trigger a Market Shock, Strategist Warns

President Trump’s potential removal of Federal Reserve Chair Jerome Powell is one of the largest underpriced risks to markets, according to a Deutsche Bank strategist. George Saravelos, the bank's global head of foreign-exchange research,

Insider on MSN · 1d

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 likely to be even tougher.

2don MSN

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 ...

2don MSN

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 ...

9hon MSN

Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky

President Donald Trump has signaled he’s already looking to replace Federal Reserve Chair Jerome Powell far earlier than ...

1hon MSN

Will Bessent serve as Fed chair, Treasury secretary at the same time?

The possibility that President Donald Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from Washington to Wall Street and beyond.

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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