Fed, renovation and Jerome Powell
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President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
The Federal Reserve Transparency Act, would require a full audit of the Federal Reserve’s activities, among other measures deemed necessary by Congress.
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.
There's a lot of talk out there about whether President Trump would or could fire current Fed Chair Jerome Powell, as well as a lot of drama surrounding renovations at the Eccles Building and 1951 Constitution Avenue.
Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious."
Federal Reserve governor Chris Waller expressed willingness to accept the position of Fed chair if President Donald Trump were to offer it to him. Although appointed by Trump to the Fed's Board of Governors in 2019,
The Fed Board of Governors typically meets twice a month by teleconference or at the Federal Reserve headquarters in the Marriner S. Eccles Building at 2051 Constitution Avenue, NW Washington, DC ...
Randal Quarles, a member of the Federal Reserve board of governors, was vice chair for supervision at the central bank until this week. The Fed said that position would go unfilled.
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.