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Fed, Powell and White House

Powell Letter Addresses White House Criticism of Fed Renovations

Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project. “We take seriously the responsibility to be good stewards of public resources as we fulfill the duties given to us by Congress on behalf of the American people,

· 19h · on MSN

Fed's Powell responds to White House on Fed headquarters renovation

· 12h · on MSN

Powell sends letter to White House defending $2.5 billion Fed renovations

· 1d

Republican Senators Caution Trump Against Firing Fed Chair Jerome Powell

Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove t...

· 3h

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

· 3h

Trump appointees pushed more marble in Fed building renovation White House now attacks

· 9h

Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early

Orlando Gemes, CIO and co-founder of Fourier Asset Management, favours convertible bonds issued by crypto exchange Coinbase.

· 11h

Heard on the Street Thursday Recap: Independent Regime Change

· 20h

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

Trump, Powell

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· 25m

Why it's so challenging for Trump to fire Powell

Powell has made his intentions clear. He said earlier this year that he wouldn’t leave if Trump tried to fire him and that his removal is “not permitted by law.”

· 1d

Stocks End Higher After Trump Plays Down Intentions to Fire Powell

· 1d · on MSN

Trump says it is ‘highly unlikely’ he will fire Powell

· 1d

Trump raises pressure on Powell while calling firing ‘unlikely’

Trump’s comments capped a hectic few hours that took his pressure campaign against the Federal Reserve chief to a new level — and sent markets into a shortlived nosedive.

· 1d

Morning Bid: Markets calm down after Powell poser

· 1d

Trump says he’s ‘highly unlikely’ to fire Fed Chair Jerome Powell after floating that idea in private

· 1d

Trump says he would love for Fed Chair Powell to resign

A Fed spokesperson had earlier pointed to Powell's repeated statements that he has no intention of resigning and would not if asked to do so.

Marketplace · 1d

Could Trump use Fed HQ renovations as a pretext to fire Powell?

· 1d

Trump says it’s ‘highly unlikely’ he’ll fire Powell after suggesting otherwise in meeting with lawmakers

41mon MSN

What a Trump, Powell faceoff means for your money

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already. Consumers hoping for lower rates as well may be better off if the Fed sticks to its current plan, experts say.

Trump tells GOP lawmakers he will likely fire Powell ‘soon’

President Trump indicated to Republican lawmakers that he plans to fire Federal Reserve Chair Jerome Powell, a senior White House official told The Hill. The suggestion came during an Oval Office

2don MSN

Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is."

6don MSN

'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.

Can Trump Fire Powell? He Likely Lacks a Case, Legal Experts Say.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.