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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.
President Donald Trump and his allies have seized upon a new way to criticize the head of the US central bank: his handling of an expensive renovation of the Federal Reserve’s headquarters.The ...
Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the US economy remains on firm footing but warned of lingering inflationary pressures stemming from tariffs — signaling that the central ...
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
President Trump is laying the groundwork to replace Federal Reserve Chair Jerome Powell as soon as he can. With less than a ...
President Trump on Thursday nominated Federal Reserve governor Jerome Powell as the next leader of the world's most influential central bank. Powell will replace current Fed Chair Janet Yellen.
The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of the U.S. central bank, with his four ...
Jerome Powell, whom the Senate ... Inflation is likely to be the defining challenge of Mr. Powell’s second term. ... paving the way for further leadership changes.
Federal Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump tried to oust him, adding he cannot be legally removed anyway.
Jerome Powell’s leadership at the helm of the Federal Reserve has proven both distinctive and increasingly influential. His approach contrasts sharply with that of his predecessors, and it’s ...
The steady leadership of Chair Powell and the Federal Reserve helped ensure that America’s economy was able to recover from a once-in-a-generation health and economic crisis." ...
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