News

Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky
President Donald Trump has signaled he’s already looking to replace Federal Reserve Chair Jerome Powell far earlier than ...
Trump economic adviser Kevin Hassett says prez has authority to fire Fed chair Jerome Powell as DC renovations probed: ‘A lot to answer for’
President Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White ...
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 ...
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 ...
Hassett says White House probing Fed renovation costs, authority to fire Powell
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...
White House makes bold decision on Fed Chair Powell's future
The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.
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Trump's Authority Over Federal Reserve Under Scrutiny
White House economist Kevin Hassett stated that President Trump could fire Federal Reserve Chair Jerome Powell if evidence of ...
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. This ...
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 ...
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 ...