Powell, Donald Trump and Legal
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The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this year that President Donald Trump would need a reason, or cause, to fire Federal Reserve Chairman Jerome Powell.
Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.
Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.
The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump economic adviser.
The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.
The Federal Reserve's $2.5 billion plan to renovate its D.C. headquarters is the latest flashpoint in President Trump's ongoing feud with chair Jerome Powell over interest rates. Why it matters: Trump previously said he wouldn't attempt to fire Powell until the chair's term ends next year,
Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as
President Trump on Tuesday suggested Federal Reserve Chairman Jerome Powell’s handling of renovations to the central bank’s headquarters could be a fireable offense, seizing on an
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington,
The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely."