Doug and Lee discuss Trump’s political pressure on Jerome Powell, the inflation risks tied to upcoming tariffs, and the potential market shock if the Fed’s independence is compromised. The post Powell Won’t Give Trump What He Wants appeared first on 24/7 Wall St.

President Donald Trump on Thursday signed a bill to rescind close to $9 billion in federal funding previously approved for public broadcasting and foreign aid, after Trump’s request to claw back the funds was approved by Republicans in the House and the Senate this month.

Powell sent a letter Thursday to Powell sent a letter to Office of Management and Budget Director Russ Vought in response to OMB director's letter last week criticizing the chairman's management of the $2.5 billion renovation, which is $700 million over budget, CNN reported.

A new "Frequently Asked Questions" page on the Federal Reserve's website defends the central bank's recent renovation project — and responds to many Trump administration criticisms of it. Office of Management and Budget Director Russell Vought slammed the renovation project and said he would pursue an investigation.

(Reuters) -Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,

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During a European Central Bank panel, Federal Reserve Chair Jerome Powell was asked if President Donald Trump’s frequent personal attacks against him make it difficult to do his job of leading ...

(Reuters) -Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,