News

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear ...
The president may try to terminate the Fed chair’s tenure early. But whether Trump has the ability to do so isn’t clear.
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...
President Donald Trump said Wednesday it was "highly unlikely" he would remove Federal Reserve Chairman Jerome Powell from ...
Trump's beef with Jerome Powell centers on interest rates, but he has also started criticizing his management of the renovation of two Fed buildings.
Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.
Photo: Alamy President Donald Trump blasted Federal Reserve Chairman Jerome Powell on Wednesday, calling him a “numbskull” over monetary policy decisions and a costly renovation project at the central ...
President Trump denies he’s considering firing Federal Reserve Chair Jerome Powell, but his administration has ramped up its ...
The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...