News

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 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 ...
Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s ...
Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul
Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building ...
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 ...
Bloomberg on MSN6h
Fed's Powell Faces New Line of White House Scrutiny
President Donald Trump and his allies are focusing on Jerome Powell's handling of an expensive renovation of the Federal ...
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to formally review an ongoing $2.5 billion renovation of the institution’s headquarters in Washington, DC, according ...
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 ...
Global Construction Review1h
White House puts Fed chair under pressure over $2.5bn HQ renovation
No one welcomes construction disputes, but when the initiator is the President of the United States, it’s even less welcome.
Donald Trump criticises Fed Chair Jerome Powell again, says ‘I hope he quits’
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, adding that ...
Morning Bid: Euro Shrugs at Tariffs, but Bonds Balk
Thirty-year Treasury yields hit their highest in more than a month - within 2 basis points of the 5% threshold. Wall Street ...
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 ...