Fed, Trump and Jerome Powell
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During a Federal Reserve tour with Jerome Powell, President Donald Trump avoided questions about firing the Fed chairman while criticizing "luxurious" headquarters renovations.
A federal judge in Washington denied a request by an investment firm led by an ally of President Donald Trump for public access to Tuesday’s Federal Open Market Committee meeting.
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.
Trump has been visiting Scotland on what the White House has called a working trip, which has included meetings with world leaders and time playing golf.
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.