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News

Fed, Powell and White House

Fortune on MSN · 1h
Jerome Powell sends point-by-point response to White House about Fed office renovations
Jerome Powell has responded to sharp criticism from the Trump administration about renovations to the Fed’s offices, answering questions about changes to the project as well as reaffirming the central bank’s commitment to “transparency for our decisions and to be accountable to the public.”
Washington Examiner on MSN · 4h
Powell sends letter to White House defending $2.5 billion Fed renovations
We have taken great care to ensure the project is carefully overseen since it was first approved by the Board in 2017,” the Federal Reserve chairman said.
Reuters on MSN · 11h
Fed's Powell responds to White House on Fed headquarters renovation
Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,
11hon MSN
Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
15hon MSN
White House moves to bolster Trump’s case for Jerome Powell firing
Trump's beef with Jerome Powell centers on interest rates, but he has also started criticizing his management of the renovation of two Fed buildings.

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