Fed, White House and Powell
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Trump, Jerome Powell
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48mon MSN
Federal Reserve chairman Jerome Powell defended his $2.5 billion headquarters renovation project near the National Mall Thursday — insisting that “we take seriously the
Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,
Trump wants Powell to lower interest rates in order to boost the economy, but the Fed chair has said the president's tariff plans have kept him from doing so.
Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome Powell.