Jerome Powell, Fed and Chair
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Federal Reserve, scott bessent and Trump
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Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the crossfire between President Trump and the Wall Street Journal. Bessent said
Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters renovation, addressing concerns about cost overruns and project details.
President Trump's appointees urged the use of marble in a Federal Reserve renovation to increase transparency, clashing with central bank values. Trump criticizes Fed Chair Powell for cost overruns, possibly signaling mismanagement.
President Donald Trump is intensifying scrutiny of the Federal Reserve’s $2.5 billion headquarters renovation suggesting possible ‘fraud’
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this year that President Donald Trump would need a reason, or cause, to fire Federal Reserve Chairman Jerome Powell.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
The over budget renovation of the Federal Reserve's headquarters draws criticism from the Trump administration and raises pressure on Chairman Jerome Powell.
U.S. President Donald Trump is considering firing Federal Reserve Chair Jerome Powell after consulting with Republican lawmakers. A source reported that Trump received a positive response when he floated the idea,