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White House, Jerome Powell and Federal Reserve

Reuters on MSN · 16h

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.

Bloomberg on MSN · 2h

Fed's Powell Faces New Line of White House Scrutiny

President Donald Trump and his allies are focusing on Jerome Powell's handling of an expensive renovation of the Federal Reserve's headquarters as a new way to scrutinize Powell's leadership at the central bank,

13hon 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 ...

15m

House gears up for ‘crypto week’

Congressional Republicans are poised to notch their biggest win ever in a yearslong legislative push to enact rules ...

9h

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), ...

Opinion

1hon MSNOpinion

Trump’s Assault on Powell Is a Bigger Market Threat Than Tariffs. Here’s Why.

EU, Mexico press for trade deal, inflation data coming this week, major banks kick off earnings season, and more news to start your day.

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