White House Uses Fed Renovation Disputes to Pressure Powell
TL;DR Summary
The Federal Reserve has quietly responded to criticisms from the Trump administration regarding its $2.5 billion renovation project by updating its website with a FAQ that defends the project and clarifies misconceptions, amidst ongoing political tensions and accusations of mismanagement and overspending.
Topics:top-news#federal-reserve#jerome-powell#political-attack#politics#renovation-project#trump-administration
- Federal Reserve quietly responds to Trump administration attacks over renovation CNBC
- Fed Defends Powell Amid Trump’s Criticism of Central Bank Renovations The New York Times
- Statement from Chairman of the Board of Fannie Mae and Freddie Mac William J. Pulte on Reports that Jerome Powell Is Considering Resigning FHFA (.gov)
- 'Huge deal': White House probe fuels speculation Trump could oust Powell Politico
- White House Seizes on Fed Renovations as Opening to Oust Powell The Wall Street Journal
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