Trump's Fed Chair Pick Faces Scrutiny Amid Political Tensions
TL;DR Summary
President Trump has considered firing Fed Chair Jerome Powell over issues related to the Fed's headquarters renovation and ongoing pressure to cut interest rates, with administration officials questioning Powell's independence and using the renovation overruns as a potential cause for removal. The situation is part of a broader effort by the White House to influence Fed policy and leadership.
Topics:top-news#business#fed-headquarters-renovation#federal-reserve#interest-rates#jerome-powell#trump
- Trump could potentially fire Powell over Fed renovations, Hassett says Axios
- Fed Defends Powell Amid Trump’s Criticism of Central Bank Renovations The New York Times
- Exclusive | Two Kevins Battle to Be Next Fed Chair in Trump’s Apprentice-Style Contest The Wall Street Journal
- Pimco Bond Chief Says Trump Will Make Orthodox Choice for Fed Chief Bloomberg.com
- Trump's next Fed chair pick already comes with a credibility problem CNBC
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