Fed, Trump
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The Federal Reserve, one of the most notoriously tight-lipped institutions in Washington, has been suddenly thrust into an unusual situation: a high-stakes public relations battle with the White House.
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy,
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
The president’s participation in a tour of the Fed had the makings of a public relations disaster for the central bank. But by Friday, the president was praising Powell.
2don MSN
Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign
After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.
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The yearslong project to overhaul the U.S. central bank’s headquarters in Washington, D.C., has run into multiple hurdles, including higher-than-expected groundwater at the site.
President Donald Trump says he’s found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project
The Fed’s interest-rate decision, July jobs numbers, a key tariffs deadline, fresh inflation data, and earnings from big tech companies highlight a packed economic and corporate calendar this week. Investors will be watching for more trade deals ahead of the Friday deadline for tariffs regarding several leading U.