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Powell, Trump and Fed Rate
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A recent letter from the White House is raising eyebrows in Washington — with some analysts speculating it may be part of a broader push to remove Federal Reserve Chair Jerome Powell. The letter, issued by the White House Office of Management and Budget (OMB),
19hon MSN
Office of Management and Budget Director Russell Vought accused Federal Reserve Chair Jerome Powell on Thursday of an “ostentatious” overhaul of the independent agency’s fiscal headquarters amid an increasingly aggressive campaign by President Trump to get Powell to step down from the job.
As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points.
President Donald Trump's "reciprocal" tariffs and threats to fire Federal Reserve Chair Jerome Powell might all be part of a magic trick "that makes the illusion work," say Mizuho economists. Magician
Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
Republican calls for Federal Reserve Chair Jerome Powell to resign have grown louder in recent weeks, but Louisiana Sen. John Kennedy says politicians need to back off.
With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would mean for Treasuries and the dollar. We assume that an early departure of Powell would be followed quickly by a replacement super-dove as head of the Federal Reserve.
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