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Trump administration ramps up pressure on Powell

White House ramps up pressure on Fed's Powell three weeks before next interest rate decision

President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates entered a new front this week.The latest line of attack comes from Office of Management and Budget Director Russell Vought,

· 8h · on MSN

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

· 17h · on MSN

Trump administration ramps up pressure on Powell as Fed holds rates steady

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White House Escalates Pressure Campaign on Fed Chair by Targeting Its Headquarters Renovation

The Supreme Court said in May that it could block any attempts by the White House to dismiss Powell, noting as part of a separate ruling that the Fed “is a uniquely structured, quasi-private entity.”...

· 14h

Fed Defends Renovations as White House Widens Attacks on Central Bank

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The White House just took its most aggressive stance yet against Jerome Powell

23hon MSN

Trump Keeps Pushing Powell to Lower Interest Rates. It Could Backfire.

The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent international reserve currency, making credit dearer rather than cheaper.

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. President Trump, of course, is on

1hon 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

11don MSN

Trump sends handwritten letter to Powell demanding ultra-low interest rates

President Donald Trump on Monday continued his extended attack against Federal Reserve Chair Jerome Powell and the central bank’s Board of Governors, calling for ultra-low rates in an intensifying campaign demanding interest rate cuts.

16hon 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.

1don MSN

White House targets Fed chair Jerome Powell over $2.5B DC HQ renovation: ‘We’re going to hold him accountable’

Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.

1don MSN

JPMorgan CEO Dimon says markets under-pricing risk of higher US interest rates

JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S. interest rates climbing higher, a prospect he described as a "cause for concern".

21hon MSN

What Does an Obscure Urban Planning Board Have to Do With Trump’s Campaign Against Jerome Powell?

But their presence made a lot more sense when the new commissioners spoke up — and promptly took aim at one of Trump’s political foes, Federal Reserve Chair Jerome Powell. Powell has resisted Trump’s demands to lower interest rates.