News

White House escalates pressure campaign on Fed chair by targeting its headquarters renovation
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...
US job market cools as pressure grows on Jerome Powell to cut rates
The US job market cooled down in July as government and foreign workers suffered a significant hit — will likely putting ...
Trump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell
Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...
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?