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White House slams Powell over Fed finances, project cost overruns
The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations.
Rooftop Gardens and Marble Halls: Trump Allies Attack Powell Over Fed Renovations
It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
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Trump admin live updates: OMB Director Vought says Powell has 'grossly mismanaged' the Fed
Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly mismanaged the Fed."
White House budget director accuses Fed chair of violating building rules in renovation
White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.
Fed considers changes to how it grades big banks
The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered "well managed," removing a hurdle for potential acquisitions and other restrictions.
Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘masterclass’ in indecision
Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to little more than “masterful inactivity.”
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