News

The tariff-driven inflation that economists feared begins to emerge
A broader political battle over Trump’s tariffs is emerging, a fight that will ultimately be determined by how the U.S. public feels about their cost of living.
How Trump could use a building renovation to oust Fed Chair Powell
Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.
How the White House is broadening its pressure campaign on Fed chief Jerome Powell
President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...
Bessent: ‘Formal process’ underway to pick Powell successor
Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...
Fed Chair Powell's finally fighting back as the White House looks to fire him 'for cause'
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?
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 ...