White House, Fed and Trump
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9don MSN
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.
Republicans believe Powell's testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
As president, Donald Trump doesn't get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed's headquarters
President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression that the head of the U.S. central bank might be ready to lower interest rates.