Donald Trump, Jerome Powell and Federal Reserve
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President Trump said it was "highly unlikely" he would fire Jerome Powell, but also said he discussed the idea with Republican lawmakers who expressed support.
President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House
President Donald Trump hosted Bahrain’s Crown Prince Salman bin Hamad Al Khalifa at the White House on Wednesday, but attention quickly shifted to Federal Reserve Chair Jerome Powell amid speculation that the president might fire him.
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 and that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
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The president has repeatedly expressed frustration over the central bank’s decision to hold interest rates steady instead of lowering them.
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
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."