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Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said — and they’re already starting to make good on that promise.
The President’s campaign to bend the independent central bank to his will is straight out of the playbook of populist strongmen and will likely go on for years.
President Donald Trump visited the Federal Reserve headquarters in Washington Thursday, where he publicly scorned Fed chairman Jerome Powell over the costs of a long-planned, roughly $2.5 billion renovation project.
President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair correct the president.
The Canadian Press on MSN2h
Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and TrumpThe Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic,
Eyes were closed, heads were shaking and backs were slapped. The nonverbal cues at the president's visit to the Federal Reserve are worth another look.
Trump lambasted the Fed for its $2.5 billion renovation of its headquarters and another building ahead of a tour of the site.
3don MSN
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.
2dOpinion
Inquisitr on MSNDonald Trump’s Back Slap to Jerome Powell Wasn’t Just Awkward—It Was Personal, Experts SayThis week’s visit by President Donald Trump to the Federal Reserve was more like watching a silent political movie with all the drama of slaps, grimaces, and not-so-subtle shade thrown around. Sure, the $3.
An investment firm headed by a supporter of President Donald Trump sued Federal Reserve Chairman Jerome Powell and other Fed officials demanding public access to monetary policy meetings.James Fishback’s Azoria Capital said in a suit filed Thursday that the decades-old practice of holding Federal Open Market Committee meetings behind closed doors violates government transparency laws.