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Fed, Trump and White House

Trump admin live updates: OMB Director Vought says Powell has 'grossly mismanaged' the Fed

Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly mismanaged the Fed."

AOL · 5h

Trump’s OMB director says Powell 'has grossly mismanaged' Fed as White House pressure builds

OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a letter sent to the central bank chairman raising concerns about renovations of the institution's Washington,

The Washington Post · 10h

White House escalates pressure campaign on Fed chair by targeting its headquarters renovation

The White House is escalating its pressure campaign to get the Federal Reserve chairman to either lower interest rates or quit his post by targeting the expensive renovation at the central bank’s head

Trump, Fed and Powell

U.S. News Money · 8h

Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.

The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.

Hosted on MSN · 12h

Why Powell is ignoring Trump’s push to quickly slash interest rates

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.

CBS News on MSN · 5h

Trump official criticizes Fed chief Powell as Trump takes aim over interest rates

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.

Jerome Powell, federal reserve and Trump

Barron's on MSN · 6h

Rooftop Gardens and Marble Halls: Trump Allies Attack Powell Over Fed Renovations

It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.

Investopedia on MSN · 6h

Trump's Latest Attack On Fed Chair Powell Involves A Beehive And A Rooftop Garden

Key Takeaways The White House lobbed more criticism at Federal Reserve Chair Jerome Powell Thursday, accusing him of mismanaging a renovation of the central bank's headquarters.In recent months, Trump has blasted Powell because the Fed has held its key interest rate steady against the president's repeated demands to lower borrowing costs.

Bloomberg on MSN · 17h

Pence Says Trump Has Right to Share Views on Powell, Fed Policy

Former Vice President Mike Pence said Donald Trump had the right to publicly share his views about Federal Reserve Chair Jay Powell and decision-making on interest rates — and that he had his own concerns about the central bank’s policies.

Fed, Interest Rate and Underscore Divisions

The Wall Street Journal on MSN · 1d

What Division Inside the Fed Means for Future Interest-Rate Cuts

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a big question

Reuters · 1d

Fed minutes show little support for interest rate cut later this month

Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the inflationary pressure they expect to come from President Donald Trump's use of tariffs to reshape global trade.

The New York Times · 1d

Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.

Can the Next Fed Chair Truly Be Independent From Trump’s Influence?

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

19hon MSN

Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘master class’ in indecision

Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to ...

Asianet Newsable on MSN1h

Trump Administration Demands Answers From Powell Over ‘Lavish’ Fed HQ Renovation, Cost Overrun

The president, as well as his administration, vigorously called for Powell’s resignation in the aftermath of the “Liberation ...

11hon MSN

Tariff inflation hasn't shown up. Here's why it matters for Trump and the Fed.

The debate over how and when the tariffs will affect prices has divided central bank policymakers over the trajectory for interest rates.

1don MSN

Stock market shows gains as investors eye tariff moves, await Fed minutes

U.S. stocks are higher as investors eye President Donald Trump's next tariff moves and await minutes from the last Federal ...

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