Trump’s case against Fed chair Powell
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1don MSN
House Speaker Mike Johnson says he expects "rocky road" for Federal Reserve Chair Jerome Powell
Washington — House Speaker Mike Johnson said he understands President Trump's frustration with Federal Reserve Chair Jerome Powell, but reiterated that he's uncertain about "what the legal parameters are" if the president fires him .
Federal Reserve Chairman Jerome Powell appeared surprised on Thursday as President Donald Trump showed him a document showing costs for
As recently as last week, President Trump was considering firing Powell, but later told reporters it was “highly unlikely” he would do so.
A heated on-site clash between President Trump and Fed Chair Powell over renovation costs sparks viral memes and rattles crypto markets, with Bitcoin sliding nearly 4%.
Aside from interest rates, the president and Powell are also not on the same page about the Federal Reserve renovation costs and inflation.
2don MSN
Powell's closed-door Fed meetings spark lawsuit from Azoria Capital: 'Public deserves to know'
Filed in the U.S. District Court for the District of Columbia, Azoria Capital's lawsuit claims that the bank's closed-door meetings violate the Government in the Sunshine Act of 1976.
President Donald Trump met with Federal Reserve Chairman Jerome Powell this week, striking a lighter tone between himself and the Fed following a tour of the central bank’s headquarters. But the Fed holding interest rates steady once again next week could be a blow to that truce.