29 h. ago Trump admin live updates: Trump considering a lawsuit against the Fed's Powell

Trump is weighing a possible lawsuit against Federal Reserve Chairman Jerome Powell, White House press secretary Karoline Leavitt said at her briefing on Tuesday.

Politics

30 h. ago Trump Considers Lawsuit over 'Loser' Jerome Powell's Management of Federal Building Construction Projects

President Donald Trump on Tuesday took several shots at Federal Reserve Chair Jerome Powell, calling him a "loser." The post Trump Considers Lawsuit over ‘Loser’ Jerome Powell’s Management of Federal Building Construction Projects appeared first on Breitbart.

Politics

31 h. ago Trump blasts ‘Too Late’ Powell again, threatens lawsuit over Fed’s $3B HQ renovations

Trump on Tuesday ramped up his pressure on Jerome Powell to cut interest rates, threatening to allow a lawsuit over the central bank’s $3.1 billion renovation project to move forward.

Politics

31 h. ago 'Tariffs Have Not Caused Inflation': Trump Rages Against Fed Chair Jerome Powell's Reluctance to Lower Rates

President Donald Trump has decried the "incalculable" damage Federal Reserve Chairman Jerome Powell has done by not lowering interest rates after inflation rose less than expected from a Tuesday report. The post ‘Tariffs Have Not Caused Inflation’: Trump Rages Against Fed Chair Jerome Powell’s Reluctance to Lower Rates appeared first on Breitbart.

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5 d. ago Stephen Miran, Trump’s Temporary Pick at the Fed, Could Have a Lasting Effect

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the discussions around interest rates and who will become the institution’s next leader.

Politics

6 d. ago A Crisis Echoes at the Fed as Powell Refuses To Say He Will Step Down Next Year

The central bank’s future may hinge on a forgotten legal quirk—and a historical echo from 1948. The post A Crisis Echoes at the Fed as Powell Refuses To Say He Will Step Down Next Year appeared first on Breitbart.

Events

7 d. ago Exclusive: Fed Vacancy Pits Chair Contenders Against Placeholders

Donald Trump’s advisers are divided over how to fill an upcoming vacancy on the Federal Reserve Board, with some pushing for a short‑term appointee and others urging the president to seat a credible successor to Fed Chair Jerome Powell. The post Exclusive: Fed Vacancy Pits Chair Contenders Against Placeholders appeared first on Breitbart.

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1 week ago Breitbart Business Digest: Trump Vindicated by Jobs Slump; Powell Humiliated

The July jobs report was a disaster for the American worker, the U.S. economy, the Federal Reserve, and Jerome Powell. The post Breitbart Business Digest: Trump Vindicated by Jobs Slump; Powell Humiliated appeared first on Breitbart.

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3 w. ago Trump’s housing chief rips Powell for blowing millions on Fed facelift during housing crisis he perpetuates

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.

Politics

3 w. ago Fed's Waller Signals He May Dissent If Fed Skips July Rate Cut, Downplays Tariff Risks

The monolithic thinking about tariffs and inflation at the Fed has been shattered, as Fed Governor Chris Waller shows leadership by breaking with Jerome Powell. The post Fed’s Waller Signals He May Dissent If Fed Skips July Rate Cut, Downplays Tariff Risks appeared first on Breitbart.

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3 w. ago Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.

Politics

3 w. ago Can Donald Trump fire Jerome Powell, US Federal Reserve chair?

Can Donald Trump fire Jerome Powell, US Federal Reserve chair?  Al Jazeera

Politics

3 w. ago Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.

Politics

3 w. ago Warren: Trump 'Will Bring Down U.S. Financial Markets' if He Ousts Powell

Senator Elizabeth Warren (D-MA) said Wednesday on CNN's "The Source" that President Donald Trump would "bring down the U.S. financial markets" if he fired Federal Reserve Chair Jerome Powell. The post Warren: Trump ‘Will Bring Down U.S. Financial Markets’ if He Ousts Powell appeared first on Breitbart.

Politics

3 w. ago White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access to the Fed’s building in Washington.

Events

3 w. ago Trump’s Attacks on Powell and the Fed Ripple Through Global Economy

The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.

Politics

3 w. ago Former Federal Reserve Bank of Cleveland president on importance of Fed independence

NPR's Steve Inskeep speaks with Loretta Mester, former president of the Cleveland Federal Reserve Bank, on President Trump's pressure on Fed Chair Jerome Powell.

Politics

3 w. ago President Trump, Jerome Powell, and Why Their Relationship Matters

The president has talked about firing Jerome H. Powell, the chair of Federal Reserve. Their tensions could have major implications for the global economy.

Politics

3 w. ago Trump admin live updates: Senate narrowly approves $9 billion budget claw back

President Trump was asked on Wednesday about Federal Reserve Chairman Jerome Powell amid reports that Trump had indicated to allies he would fire him.

Politics

3 w. ago Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

Politics