White House, Fed and Trump
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Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
Trump concedes that home sellers deserve relief and backs a new proposal that could eliminate capital gains taxes.
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Markets jump after Powell rebuffs Trump
Tricia McLaughlin, the assistant secretary for the Department of Homeland Security, confirmed a report by the Washington Post that ICE ordered staff to place ankle monitors on all people enrolled in the agency's Alternatives to Detention program "whenever possible."
President Donald Trump met with Federal Reserve Chairman Jerome Powell this week, striking a lighter tone between himself and the Fed following a tour of the central bank’s headquarters. But the Fed holding interest rates steady once again next week could be a blow to that truce.