News

White House Suggests Jerome Powell May Have Broken Law Amid Trump Rift
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, ...
2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
'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 ...
Trump’s OMB director says Powell 'has grossly mismanaged' Fed as White House pressure builds
White House budget director Russell Vought said in a social media post that Jerome Powell 'has grossly mismanaged the Fed' as ...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...
Trump Says Powell Should ‘Resign Immediately’ If He Misled Congress
President Donald Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the ...
Powell's ouster 'one of the largest underpriced event risks over the coming months'
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...
Can Jay Powell Make It Through the Weekend?
Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.