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Trump says it would be great if Fed's Powell steps down

Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with steep tariffs.

Fox Business on MSN · 3h

Trump says Powell should resign immediately from Federal Reserve leadership position over economic missteps

President Trump criticized Jerome Powell as 'very bad for the country,' arguing the Fed should have lower interest rates while questioning the $2.5 billion building project.

Insider on MSN · 18h

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 likely to be even tougher.

Fed, Powell and White House

Reuters on MSN · 8h

Hassett says White House probing Fed renovation costs, authority to fire Powell

WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

The Wall Street Journal on MSN · 1d

White House Seizes on Fed Renovations as Opening to Oust Powell

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.

ABC News on MSN · 11h

Hassett: Trump’s authority to fire Powell is ‘being looked into’

ABC News’ Jonathan Karl interviews White House National Economic Council Director Kevin Hassett on “This Week.”

2don MSN

Director of federal agency suggests Fed Chairman Powell is considering resigning

Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.

2don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, 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.

13d

Fed Chair Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp

There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from ...

1don MSN

Fannie Mae chairman ‘encouraged’ by chatter Powell may consider quitting amid Trump tiff

Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome ...

3don MSN

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 ...

3don MSN

White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted

The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...

3don MSN

White House budget director accuses Fed chair of violating building rules in renovation

White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of ...

‘287 Chickens And A Goat’: Sen. Kennedy Defends Jerome Powell Like Only He Can

Republican calls for Federal Reserve Chair Jerome Powell to resign have grown louder in recent weeks, but Louisiana Sen. John ...

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