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Fed, White House and Powell

Powell Letter Addresses White House Criticism of Fed Renovations

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. “We take seriously the responsibility to be good stewards of public resources as we fulfill the duties given to us by Congress on behalf of the American people,

· 20h

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

· 19h · on MSN

Fed's Powell responds to White House on Fed headquarters renovation

· 1d

Firing Powell would do nothing to help Trump on interest rates

For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal Reserve Chair Jerome Powell.

· 1d

Republican Senators Caution Trump Against Firing Fed Chair Jerome Powell

· 4h

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

· 3h

Trump’s War With Powell Throws a Little-Known Planning Board Into Scrutiny

The controversy over the cost of the renovations has thrust the National Capital Planning Commission, a 12-person panel that was created by Congress in 1924, into a rare political spotlight.

· 10h

Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early

· 19h

Wall Street cruises to more records as PepsiCo and tech stocks rally

1hon MSN

What a Trump, Powell faceoff means for your money

Amid a fresh set of attacks on Fed Chair Jerome Powell came reports that President Donald Trump might fire the central banker. Increasingly, Trump is frustrated with Powell for not lowering interest rates already. Consumers hoping for lower rates as well may be better off if the Fed sticks to its current plan, experts say.

19hon MSN

Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’

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.