Trump Shreds Fed Chair Jerome Powell
Digest more
President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term, it faced concerns in 2020 during a vetting process involving Trump appointees, who called for more “white Georgia marble” for the facade of building.
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
The freewheeling style of Bill Pulte, the head of mortgage giants Fannie Mae and Freddie Mac—and known to some as “Little Trump”—is landing the wrong way with some industry and administration officials.
Stock futures were mostly higher early Thursday as the market continued to shake off fears that President Donald Trump could fire Federal Reserve Chair Jerome Powell. Futures on the Dow Jones Industrial Average slipped 31 points,
Feedback