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Fed, Trump and Jerome Powell

The Baltimore Sun · 45m

Republican senators caution Trump against firing Fed chair Jerome Powell

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.

CBS News on MSN · 12h

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.

The Wall Street Journal · 2h

Q&A: What’s Behind Trump’s Effort to Oust the Fed Chair?

An obscure report about the ballooning costs of the Federal Reserve's headquarters renovation has become the centerpiece of President Trump’s campaign to pressure Chair Jerome Powell and possibly attempt to remove him from office,

Trump, Fed and tariffs

Fortune on MSN · 1d

Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts

Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants.

POLITICO on MSN · 1d

Trump tariffs push up inflation despite pressure on Fed to cut rates

The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is succeeding.

The Financial Times · 2d

US inflation reaches 2.7% as Trump tariffs hit

Your guide to what Trump’s second term means for Washington, business and the world US inflation climbed to 2.7 per cent in June, surpassing expectations and signalling that Donald Trump’s tariffs are hitting prices.

23hon MSN

How Trump Turned the Fed Building Into a Political Weapon—and Why the Attacks Won’t Work

The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...

14hon MSN

Federal judge says she would block Trump’s birthright citizenship order nationwide

A federal judge in Maryland may soon become the second to block President Donald Trump’s order restricting birthright ...

22hon MSN

Trump's controversial plan to fire federal workers finds favor with Supreme Court

The Supreme Court cleared the way for mass Education Department layoffs, bolstering President Donald Trump’s federal ...

1don MSN

Jamie Dimon just sent Donald Trump a warning about meddling with the Fed

Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting ...

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