News

Trump escalates pressure on the Fed with a high-profile visit, signals retreat from firing Powell while pushing for rate cuts ...
The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...
Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred attack strategies — ...
U.S. President Donald Trump has criticized Federal Reserve Chair Jerome Powell for not lowering interest rates, although he ...
Republican Rep. Anna Paulina Luna skewered a Fox Business host and demanded he retract comments criticizing her criminal ...
Trump has railed against Powell for months, demanding lower interest rates. But Fed officials have held rates steady this year, much to Trump’s ire.
Trump has in the past stopped short of saying he would fire Powell, something he may not even have the legal authority to do. Powell’s term ends in May 2026. But top White House officials have in ...
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been ...
But Powell acknowledged that “the cost overruns are what they are.” In a statement on its website, the Fed said the renovations “will consolidate most Board staff into one campus; reduce off-site ...
Trump's workaround appears to be that Powell misrepresented the renovation project in congressional testimony and that the cost is excessive, thus meriting his dismissal. The Fed's main headquarters ...
A reporter asked if that was a fireable offense. “I think it sort of is,” Trump said. Trump has railed against Powell for months, demanding lower interest rates. But Fed officials have held rates ...
President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against ...