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White House, Jerome Powell and Fed

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

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, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

CNN on MSN · 2d

The White House just took its most aggressive stance yet against Jerome Powell

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

The Wall Street Journal on MSN · 2d

White House Seizes on Fed Renovations as Opening to Oust Powell

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.

Fed, Jerome Powell and Chair

NBC News on MSN · 13h

Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with steep tariffs.

Insider on MSN · 1d

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.

TheStreet on MSN · 2d

Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints

William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom.”

2don 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 ...

1hon MSN

Will Bessent serve as Fed chair, Treasury secretary at the same time?

The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from Washington to Wall Street and beyond. Senators ...

3don MSN

White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

1don MSN

Powell's ouster 'one of the largest underpriced event risks over the coming months'

Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...

Can Jay Powell Make It Through the Weekend?

Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.

Next Fed leader may struggle to deliver the rate cuts Trump wants, watchers say

Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...

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