Trump, Fed and tariffs
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Fed, Trump and Jerome Powell
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Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'
Trump recently summed up his approach when talking to reporters about trade talks with other countries. “They don’t set the deal," he said. "I set the deal.”
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'There is vulnerability here': Fed chair taps inspector general to review HQ renovation amid escalating Trump fightAfter his weeks-long pressure campaign failed, Donald Trump is escalating his fight with Federal Reserve Chair Jerome Powell. Bill Cohan and Bharat Ramamurti join The 11th Hour to discuss the risks ahead – for Powell,
A new "Frequently Asked Questions" page on the Federal Reserve's website defends the central bank's recent renovation project — and responds to many Trump administration criticisms of it. Office of Management and Budget Director Russell Vought slammed the renovation project and said he would pursue an investigation.
President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly renovation of the central bank’s headquarters and again calling for him to step down.
Federal Reserve Chair Jerome Powell has asked the central bank's inspector general to review its $2.5 billion headquarters renovation project, which has become a key focus of Trump administration attacks,
Recent comments from White House economic adviser Kevin Hassett on criticism of the Fed's renovation costs have confirmed the view that the Trump administration is actively explor