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Fed, Trump and Powell

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Trump suggests Fed renovations could be fireable offense for Powell
President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against the central banker.

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Trump says $2.5 billion Fed renovation 'sort of is' a fireable offense for Powell
Trump won’t fire Powell as Fed chair, says Treasury chief Bessent
Fed's Powell Asks Watchdog to Take Fresh Look at Renovation Project, Politico Reports
U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project aimed at overhauling Fed buildings, Politico reported on Monday, citing a lette...

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Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'
Powell Asks Fed IG To Probe Renovation Project Amid Relentless Trump Attacks
Aspiring Fed chairs play to an audience of one
On Friday Russell Vought, director of the US Office of Management and Budget, sent a letter to Powell saying he had “grossly mismanaged the Fed” owing to the “ostentatious” renovations of the central...

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Under Fire by Trump Over Costs, Chair Powell Seeks Watchdog Review of Fed Building Overhaul
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'
Treasury Secretary Scott Bessent confirms search for Fed Chair Jerome Powell’s successor is underway
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ends in 2026. Treasury Secretary Scott Bessent confirmed the process is underway,
Why Trump removing Powell is the market's most underestimated risk
Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."
Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's headquarters. One says the Trump administration is examining whether it can fire the policymaker,
Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’
National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell,
Trump compares talking to Powell to 'talking to a chair' while touting his own economic predictions
Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over interest rate decisions and previewing upcoming trade deals.
Trump Adviser Says This Is How The President Could 'Certainly' Fire Powell
Powell has been repeatedly criticized by the president over the U.S. central bank’s resistance to cut interest rates despite Trump’s demands to do so. In an interview with ABC’s “This Week,” Hassett was asked if the president has the authority to order Powell’s removal.
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