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Fed, Jerome Powell and White House

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.

Barron's on MSN · 2h

Trump Attacks Cost of Fed Building. Why That Puts Powell’s Job Under Pressure.

President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly renovation of the central bank’s headquarters and again calling for him to step down.

AOL · 1h

Contenders to succeed Powell slam Fed chair as White House pressure intensifies

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s headquarters, with one saying the Trump administration is examining whether it can fire the policymaker and the other saying the Fed has 'lost its way.

Fed, Jerome Powell and Chair

NBC News on MSN · 19h

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

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell,

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.”

25m

Inflation Expected to Creep Up in Latest Consumer Price Index as Trump Continues the Pressure on the Fed

The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.

Trump Ouster of Fed Chair Powell Could Trigger a Market Shock, Strategist Warns

President Trump’s potential removal of Federal Reserve Chair Jerome Powell is one of the largest underpriced risks to markets, according to a Deutsche Bank strategist. George Saravelos, the bank's ...

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 ...

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.

Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.

Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...

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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