News

Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ...
Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul
Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building ...
Fed's Powell Asks Watchdog to Take Fresh Look at Renovation Project, Politico Reports
WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh ...
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 ...
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 ...
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 ...
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 ...
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 ...