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Fed, Trump and Jerome Powell

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Trump's attacks on Powell threaten the Fed's independence. Here's why it matters
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.

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Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
Trump Appointees Pushed More Marble in Fed Building Renovation White House Now Attacks
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over i...

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Federal Reserve Says Building Renovation Complies With Law, Defends Costs
Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early
Trump’s War With Powell Throws a Little-Known Planning Board Into Scrutiny
The controversy over the cost of the renovations has thrust the National Capital Planning Commission, a 12-person panel that was created by Congress in 1924, into a rare political spotlight.

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Wall Street cruises to more records as PepsiCo and tech stocks rally
White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell
Powell Letter Addresses White House Criticism of Fed Renovations
Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project. “We take seriously the responsibility to be good stewards of public resources as we fulfill the duties given to us by Congress on behalf of the American people,
Exclusive: Elizabeth Warren is no Jerome Powell cheerleader—but she fears the next Fed boss won’t have the ‘brains and the guts’ to stand up to Trump
Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
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 Mr. Trump pressures him over interest rates.
Fed's long-term independence may be enhanced if Powell steps down, says Wharton's Jeremy Siegel
CNBC's "Closing Bell" team discusses when the Federal Reserve may cut rates, the outlook for markets and more with Jeremy Siegel, chief economist at WisdomTree and professor of finance at Wharton.
Wall Street steady again after President Donald Trump downplays threat to Fed Chair Jerome Powell’s job
Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome Powell.
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