Trump, Jerome Powell and federal reserve
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Explícame on MSNTrump's Alleged Strategy: Is 'Fraud' a Pretext to Oust Powell?The ongoing tension between President Trump and Federal Reserve Chair Jerome Powell has reached a critical juncture. Trump's relentless criticism of Powell for not cutting interest rates swiftly enough seems to be paving the way for a controversial move: using 'fraud' as a justification for dismissal.
New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to cut interest rates.
Obama and sometimes Clinton aim at Trump. Trump goes after Biden and Obama. It’s a rare battle of the presidents.
President Trump has denied plans to fire Federal Reserve Chair Jerome Powell despite frequent criticism. The issue has caused market fluctuations and debate within political circles. Republican Senator Thom Tillis has defended the Fed's independence,
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24/7 Wall St. on MSNPowell Won’t Give Trump What He WantsKey Points Donald Trump is publicly pressuring Fed Chair Jerome Powell to cut interest rates sooner, while exploring controversial arguments—including costly Federal Reserve renovations—as potential grounds for dismissal.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
Mark Joseph Stern: Under federal law, Trump cannot remove Powell over a policy disagreement. Federal law expressly allows for the removal of the Fed’s board members only for “cause”—something like abuse of office or malfeasance. That means Trump can’t just sack Powell because Trump wants to slash rates and Powell wants to keep them steady.
Secretary of State Marco Rubio and Middle East Special Envoy Steve Witkoff are meeting with Prime Minister Benjamin Netanyahu at Blair House on Monday ahead of his dinner with President Donald Trump, a White House official confirmed to ABC News.
The Federal Reserve was already wrestling with a lot of uncertainty about the future path of monetary policy, and President Trump’s strike on Iran's nuclear sites will likely make that path even more uncertain in the near term.
During a Federal Reserve tour with , President Donald Trump avoided questions about firing the Fed chairman while criticizing "luxurious" headquarters renovations.