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White House probe fuels speculation Trump could oust Powell

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 cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

The Washington Post on MSN · 1d

Fed building renovation gives Trump new opening to attack Powell

The Trump administration is escalating its campaign against Federal Reserve Chair Jerome H. Powell, with a new set of arguments aimed at ousting the central bank leader.

POLITICO on MSN · 1d

'Huge deal': White House probe fuels speculation Trump could oust Powell

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.

Trump attacks Fed Chair Powell for not moving quickly to cut interest rates

NPR speaks with David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about Trump's attacks on the Fed chair for not moving to cut interest rates.

Hosted on MSN2mon

Blaming Powell for inflation is just as ridiculous as vindicating ... - MSN

Fox Business. Blaming Powell for inflation is just as ridiculous as vindicating him for bad decisions, David Bahnsen says. Posted: April 18, 2025 | Last updated: April 19, 2025 ...

Observer2mon

Jerome Powell’s Two Unique Strengths, According to His Old Boss

Jerome Powell speaks during an interview with David Rubenstein for The Economic Club at the Marriott Marquis on July 15, 2024 in Washington, D.C. Getty Images Before leading the Federal Reserve ...

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