Fed, Trump and renovation
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Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project.
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MiBolsilloColombia on MSNBessent says there's no indication Powell should resign at this time
Treasury Secretary Scott Bessent says there’s no sign Fed Chair Powell will resign, despite Trump pressure—calling for a Fed review to shape Powell’s legacy.
President Donald Trump is scheduled to welcome NATO Secretary-General Mark Rutte to the White House on Monday, a day after the president said the U.S. would provide "sophisticated" equipment to Ukraine to aid in its fight against Russia.
The Federal Reserve on Monday added a video tour and new details about the renovation of two historical buildings at its headquarters in Washington, as the Trump administration ramps up attacks on U.S.
11don MSN
White House escalates pressure campaign on Fed chair by targeting its headquarters renovation
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates or quit his post by targeting the expensive renovation at the central bank’s headquarters.
11don MSN
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.