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Fed, Powell and Trump

Fed's Powell asks for watchdog review of project criticized by Trump officials

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington,

· 20h · on MSN

Powell asks for IG review after Trump administration flags Fed's costly building renovation

· 1d · on MSN

Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan

· 2h

Investors seek protection from risk of Fed chief's ouster

President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more...

· 4h

Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks

· 1d

Hassett says White House probing Fed renovation costs, authority to fire Powell

· 20h

Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports

Powell called on the Fed's inspector general, Michael Horowitz, to examine the project's cost, which has ballooned to $2.5 billion, leading to allies of President Donald Trump to call for Powell to be...

Axios · 1d

Here's how Trump's feud with Fed chair Jerome Powell escalated

· 1d

Warsh Calls for 'Regime Change' at Fed

Jerome Powell, Scott Bessent

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· 6h · on MSN

Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.

· 4h · on MSN

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

· 7h

US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports

Fed, Powell and rates

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· 20h · on MSN

Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'

Powell reportedly has asked the central bank's inspector general to review its $2.5 billion headquarters renovation project.

· 1d · on MSN

Trump calls Fed Chair Powell a 'knucklehead,' says interest rates should be below 1%

Axios on MSN · 8h

How the Fed sets rates — and why Powell can't move rates alone

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.

3don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

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.

Why Trump removing Powell is the market's most underestimated risk

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."

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Donald Trump

White House

Video: Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky

President Trump has signaled he is looking to name a replacement for Federal Reserve Chair Jerome Powell far earlier than usual—in a bid to undermine him. Here's how the "shadow chair" gambit could work,

Trump Adviser Says This Is How The President Could 'Certainly' Fire Powell

Powell has been repeatedly criticized by the president over the U.S. central bank’s resistance to cut interest rates despite Trump’s demands to do so. In an interview with ABC’s “This Week,” Hassett was asked if the president has the authority to order Powell’s removal.