Fed, Powell
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Senior White House Counselor Peter Navarro at an event hosted by The Hill and NewsNation on Wednesday ripped into Federal Reserve Chairman Jerome Powell, calling him the worst fed chair 'in history.'
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, who has resisted the Republican president's calls to slash interest rates out of concerns about the administration's tariffs sparking higher levels of inflation.
President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve headquarters 'sort of is' a fireable offense, raising new questions about whether he may seek to oust the central bank boss.
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WRIC ABC 8News on MSNHow the White House is broadening its pressure campaign on Fed chief Jerome PowellThe Fed has long maintained independence from the White House to avoid political pressures influencing monetary policy.
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Significant legal challenges would arise from an attempt to remove Fed chair Jerome Powell, but Polymarket bettors are warming to the idea – even if it's still a longshot.
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The search for a new Federal Reserve chair is on. Treasury Secretary Scott Bessent confirms the process to replace Jerome Powell is underway. The White House aims to announce a nominee by fall. Bessent suggests Powell should fully step down to avoid market confusion.
Polymarket traders have raised the likelihood of Fed Chair Jerome Powell's departure after Rep. Luna's cryptic post and top officials' statements.
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.
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