Powell, Fed and Trump
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White House, Jerome Powell and Trump
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Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ renovation and resisted rate cuts.
The central bank is quietly pushing back with a new "Frequently Asked Questions" page on its website defending the central bank's renovation.
The Trump administration is investigating Fed Chair Powell's testimony about the central bank's renovation project amid Trump's calls for Powell and the Fed to lower interest rates.
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.
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.
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome
As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points.
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Trump's Pressure on Jerome Powell to Resign from the Fed ContinuesTrump's push to oust Jerome Powell over interest rates and Fed renovation costs highlights growing tensions around economic inequality and political control.
President Trump is trying to make Jerome Powell’s “life as miserable as possible” as he ramps up pressure on the Federal Reserve chair to lower interest rates or leave the central bank, a reporter who has closely followed Trump asserted this week.
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