As the Trump administration intensifies its attacks on the Federal Reserve and Jerome Powell, the Fed pushes back with a new FAQ page defending its $2.5 billion renovation, highlighting modernization and historic preservation.
In a surprising twist, rumors swirl around Fed Chair Jerome Powell's potential resignation as pressure mounts following accusations of misleading Congress about a costly renovation project. With Trump's administration stepping up the heat, what does this mean for the economy?
Rumors of Jerome Powell's potential resignation are causing a stir, with many believing it could lead to a significant economic boost for America. Could this be the turning point we've been waiting for?
In a striking accusation, Trump's budget chief, Russell Vought, claims Fed Chairman Jerome Powell has mismanaged a $2.5 billion renovation. This raises questions about compliance with federal regulations and the future of Powell's position.
As President Trump considers potential replacements for Jerome Powell, uncertainty looms over whether Powell will step down next year. With his term ending in May, Trump may need to prepare for various scenarios.
In a bold move, Trump demands that Federal Reserve Chair Jerome Powell resign immediately, escalating tensions over interest rate policies and economic strategies. Will Powell comply?
Asian stocks are on shaky ground as President Trump considers replacing Fed Chair Jerome Powell, raising concerns about the central bank's independence and market stability. With looming tariffs and inflation fears, investors are on high alert.
The pound briefly soared to its highest level against the dollar in nearly four years, driven by reports of Trump possibly replacing the Fed chair. As the dollar weakens, concerns grow over the independence of the Federal Reserve.
Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
The Federal Reserve has proposed easing key capital rules that could empower banks to operate more flexibly, despite dissent from some officials concerned about potential risks to financial stability.
