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Hassett Says White House Probing Fed Renovation Costs, Authority to Fire Powell
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, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Federal Reserve Chair Jerome Powell says cutting interest rates could push inflation even higher. President Trump called for Powell to resign in response.
President Trump on Monday lobbed another broadside at Fed Chair Jerome Powell in an invective-laced note scrawled on a list ...
7hon MSN
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.In the last week, Trump has slapped trading partners with tariffs rather than ...
The Federal Reserve would have likely cut interest rates by now had it not been for President Donald Trump’s sweeping tariffs ...
Tampa Free Press on MSN12d
Trump’s Ink-Stained Message: “Too Late” Powell Gets Scorched In Handwritten Rate Cut DemandPresident's Sharpie Scrawl on Global Rates Chart Amplifies Pressure on Fed Chair In his latest and perhaps most personal push ...
Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to ...
The Western Journal on MSN12d
Trump Publishes Scathing Handwritten Note He Sent Jerome Powell - Complete with a Helpful ChartPresident Donald Trump hammered Federal Reserve Chair Jerome Powell on Monday for not lowering interest rates, contending ...
Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.
The New Republic on MSN12dOpinion
Fed Chair Says Trump Screwed Himself on Demand for Low Interest RatesDonald Trump has been demanding that the Federal Reserve cut interest rates. Jerome Powell finally said why they haven’t.
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