News

Will Bessent serve as Fed chair, Treasury secretary at the same time?
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from Washington to Wall Street and beyond.  Senators ...
The Secret Weapon Trump Can Use To Take On The Fed
Here’s how President Trump can take on the Fed’s refusal to cut rates: Have the Treasury issue bonds in gold, providing a ...
Monetary policy at the world’s most important central bank could hinge on an argument over building renovation specs
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...
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 ...
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 ...
White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...
From tariffs to universities, Trump’s negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
Why Isn't the Fed Cutting Interest Rates? What To Know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
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Debate Over Fed Chair Powell's Tenure Amidst Renovation Cost Controversy
U.S. President Donald Trump might seek to fire Federal Reserve Chair Jerome Powell over alleged $700 million cost overruns on ...
Pressure mounting? Jerome Powell may quit over $2.5 billion US Federal Reserve's Washington HQ ‘scandal’
Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ ...
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 ...
Fed Defends Renovations as White House Widens Attacks on Central Bank
President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some ...