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White House, Jerome Powell and Fed

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.

Politico on MSN · 2d

'Huge deal': White House probe fuels speculation Trump could oust Powell

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.

NBC News on MSN · 2d

White House ramps up pressure on Fed's Powell three weeks before next interest rate decision

President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates entered a new front this week

10hon 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 ...

Trump slams Fed's Powell again, as White House eyes ways to fire him

Australia will not commit troops in advance to any conflict, Defence Industry Minister Pat Conroy said on Sunday (July 13), ...

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 ...

22hon MSN

Navarro touts ‘Trumpnomics’ in rant against Powell, Federal Reserve

White House senior trade adviser Peter Navarro touted “Trumpnomics” in a recent interview during a rant against Jerome Powell, slamming the Federal Reserve chair as a “pure partisan” actor who, in ...

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