News

Central bank independence needs a better defence: Peacock
Investors may be fixated on Donald Trump’s attacks on the Federal Reserve, but the Bank of England also faces increasing ...
Hassett says White House probing Fed renovation costs, authority to fire Powell
U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday and that the ...
Now, central bank chief targeted for ‘ostentatious’ Fed renovation costs
White House economic advisor Kevin Hassett stated President Trump possesses the authority to dismiss Federal Reserve chair ...
Dow futures sink as Trump keeps pushing tariffs while White House suggests Powell’s job could be at risk
After Wall Street previously downplayed risks from President Donald Trump's trade war, investors are starting to take his ...
White House defends tariffs on Brazil despite trade surplus
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...
Economist explains why Trump threatening to fire Fed chair Jerome Powell is counterproductive.
MSNBC's Alex Witt spoke with Lael Brainard, former director of the National Economic Council under President Biden and ...
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
Monetary policy at the world’s most important central bank could hinge on an argument over building renovation specs
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV ...
From tariffs to universities, Trump’s negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
Navarro touts ‘Trumpnomics’ in rant against Powell, Federal Reserve
White House senior trade adviser Peter Navarro touted “Trumpnomics” in a recent interview during a rant against Jerome Powell, slamming the Federal Reserve chair as a “pure partisan” actor who, in ...
2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
Fannie Mae chairman ‘encouraged’ by chatter Powell may consider quitting amid Trump tiff
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome ...