Trump, White House and Powell
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President Trump has kept up his campaign for Federal Reserve Chair Jerome Powell to lower rates despite saying there was "no pressure."
The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.
President Trump's trip to the Federal Reserve marks just the fourth time a president has visited the Fed, which operates as an independent agency.
Days after the devastating July 4 flooding in Texas, President Trump signed a memorandum classifying Weather Service employees as public safety employees. The designation does not protect these employees from future cuts, but it does make them exempt from the current government hiring freeze, Mr. Fahy said.
U.S. President Donald Trump is considering a lawsuit against Federal Reserve Chair Jerome Powell related to his management of renovations at the Fed's Washington headquarters, White House spokeswoman Karoline Leavitt said on Tuesday.
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What Powell is telling allies as Trump pressures him to resign
Powell’s determination to serve out his term through May 2026 ensures he will remain the target of a White House-led attacks on the Fed, which has faced intensifying pressure to cut interest rates. That coordinated effort has put the central bank’s ...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
President Donald Trump locked horns with Federal Reserve Chair Jerome Powell during a rare presidential visit to the U.S. central bank on Thursday, criticizing the cost of renovating two historical buildings at its headquarters and pressing the case for lower interest rates.
Powell is clearly looking to avoid that scenario, writing that the bank "does not regard any of these changes as warranting further review." But White House officials are sending a different message.
As the global trade market is hit with President Trump's new tariffs, the latest jobs report shows job growth has slowed sharply. Trump is blaming Fed Chair Jerome Powell for the weak report. NBC News' Shannon Pettypiece and Garrett Haake have the latest reporting.