Trump, Jerome Powell and Federal Reserve
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Cryptopolitan on MSNWhite House eyes Powell's job and questions $2.5B Fed renovationVice President JD Vance has accused Federal Reserve Chair Jerome Powell of being asleep at the controls while interest rates stay high and inflation slows. JD said, “The Fed has been totally asleep at the wheel.
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.
Former Fed Gov. Kevin Warsh, considered to be a top contender to succeed Fed Chair Jerome Powell, said the central bank needs "regime change." "I think what we need is regime change at the Fed," Warsh told Fox's Maria Bartiromo in an interview that aired on Sunday.
President Trump may have grounds to fire Federal Reserve Chair Jerome Powell due to renovation cost overruns, according to White House economic adviser Kevin Hassett. The administration has criticized the Fed for a $700 million overage in its headquarters remodeling budget,
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.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome
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Fed Chair Jerome Powell is ‘considering resgining’, according to reports. Chairman of the Board of Fannie Mae and Freddie Mac William J. Pulte issued a statement saying: “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.”