Trump, Powell and Fed
Digest more
1h
The New Republic on MSNJerome Powell Calls BS to Trump’s Face as He Spouts Made-Up NumbersThe Federal Reserve chair fact-checked Donald Trump in real time as the president tries to come up with a reason to fire him.
President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major escalation in the White House’s pressure campaign against Chair Jerome Powell.
Trump lambasted the Fed for its $2.5 billion renovation of its headquarters and another building ahead of a tour of the site.
Aside from interest rates, the president and Powell are also not on the same page about the Federal Reserve renovation costs and inflation.
President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair Jerome Powell because of the plan’s cost overruns.
Explore more
President Trump is used to world leaders bowing down to him, and to cabinet members fawning over him. Jerome H. Powell, the chair of the Federal Reserve, took a different approach.
3hon MSN
Washington — House Speaker Mike Johnson said he understands President Trump's frustration with Federal Reserve Chair Jerome Powell, but reiterated that he's uncertain about "what the legal parameters are" if the president fires him .
Azoria Capital is “proud” to sue Powell over secret FOMC sessions. The Miami business claims the Fed is breaching the Sunshine Act.