Trump Administration Attacks Powell

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Fed, Trump

Trump's Powell attacks show why Fed was designed to be independent

Three things can simultaneously be true: that it would be reasonable for the Federal Reserve to cut interest rates; that its headquarters renovation is too expensive; and that the Trump administration's attacks show why central banks are designed to be independent in the first place.

· 2d · on MSN

Can Trump Fire Powell Over the Fed’s Building Renovations? No, Legal Expert Says.

· 2d · on MSN

Dimon Defends Fed Independence After Trump Attacks

· 1d

Firing Powell would do nothing to help Trump on interest rates

For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal Reserve Chair Jerome Powell.

· 1d

Republican Senators Caution Trump Against Firing Fed Chair Jerome Powell

· 3h

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope

· 9h

Hedge funds favour short-dated, convertible bonds if Fed's Powell leaves early

Orlando Gemes, CIO and co-founder of Fourier Asset Management, favours convertible bonds issued by crypto exchange Coinbase.

· 19h

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

· 18h

Wall Street cruises to more records as PepsiCo and tech stocks rally

10m

Why it's so challenging for Trump to fire Powell

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any guarantee of a courtroom victory for the White House.

9hon MSN

3 ways Trump trying to fire Powell could backfire

If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.

Can Trump Fire Powell? He Likely Lacks a Case, Legal Experts Say.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.

3don MSN

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.

1don MSN

Behind Trump's move to back off Powell: Lawyers warned against it.

Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.

Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It.

The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans. It remains to be seen whether he follows through with his threat.