Fed, Jerome Powell and Trump
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President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude to seeking his removal.
Investors don’t seem to give much credence to claims that cost overruns will give President Trump justification to oust Fed Chair Powell.
Sen. Elizabeth Warren (D-Mass.) will defend the Federal Reserve in a speech on Wednesday, an unlikely ally for the Fed as it faces unprecedented attacks from the Trump administration. Why it matters: Even one of Fed chair Jerome Powell's toughest,
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,