White House Fed Criticism

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White House, Federal Reserve

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.

The New York Times · 2d

Fed Defends Renovations as White House Widens Attacks on Central Bank

President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude to seeking his removal.

Associated Press News on MSN · 2d

White House escalates pressure campaign on Fed chair by targeting its headquarters renovation

President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates or quit his post by targeting the expensive renovation at the central bank’s headquarters.

8hon MSN

White House defends tariffs on Brazil despite trade surplus

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...

2don MSN

Trump is ‘extremely troubled’ by Fed’s approach according to new letter, but bank official stands firm on independence

In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing ...

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 ...

3don MSN

Trump's Latest Attack On Fed Chair Powell Involves A Beehive And A Rooftop Garden

The White House has stepped up its attacks on Federal Reserve Chair Jerome Powell, criticizing him over renovations at the ...

FirstFT: White House opens new front of attack on Fed chief Jay Powell

Also in today’s newsletter, Reeves puts reform of UK cash ISAs on hold and Google is to agree cloud discount with US ...

U.S. News & World Report3d

White House Escalates Pressure Campaign on Fed Chair by Targeting Its ...

White House Escalates Pressure Campaign on Fed Chair by Targeting Its Headquarters Renovation WASHINGTON (AP) — President Donald Trump is escalating his pressure campaign to get the Federal ...

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