DOJ investigation of Powell sparks backlash, support for Fed independence
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DOJ investigation of Powell sparks backlash, support for Fed independence
US President Donald Trump (left) and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington on July 24. Reuters-Yonhap WASHINGTON (AP) — The Trump administration’s criminal investigation of Federal Rese»»»
What Trump’s increasingly aggressive attacks on Powell are all about
— President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to r»»»
White House slams Powell for 'grossly mismanaged' Fed
The White House on Thursday (Jul 10) launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations. Offic»»»
White House escalates pressure campaign on Federal Reserve by targeting its headquarters renovation
WASHINGTON: The White House is trying to turn the Federal Reserve into a poster child for wasteful spending, criticizing an expensive renovation at the central bank’s headquarters as President Donald Trump pursues an extraordinary pressure campaign to lower interest rates. The latest step came Thur»»»
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