President Trump has lashed out at enemies, allies and even the pope, and made it harder for Republicans to keep the focus on economic issues in a midterm election year.
President Trump has lashed out at enemies, allies and even the pope, and made it harder for Republicans to keep the focus on economic issues in a midterm election year.
An overview showing construction at the Federal Reserve last year. The $2.5 billion renovation project is at the center of an investigation into the central bank.
Judge James E. Boasberg derided the U.S. attorney’s office in Washington for pursuing a case against Jerome H. Powell that appeared to be motivated by President Trump’s desire for vengeance.
Judge James E. Boasberg derided the U.S. attorney’s office in Washington for pursuing a case against Jerome H. Powell that appeared to be motivated by President Trump’s desire for vengeance.
“The government has offered no evidence whatsoever that Jerome H. Powell, the Federal Reserve chair, committed any crime other than displeasing the president,” Judge James E. Boasberg wrote.
President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.
President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.
The comments by Treasury Secretary Scott Bessent underscore the urgency the Trump administration is feeling as it looks to replace the Federal Reserve chair.
As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.
As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.
In addition to disputing whether the president had sufficient cause to remove her, the Fed governor said the way he went about it was a separate problem.
In addition to disputing whether the president had sufficient cause to remove her, the Fed governor said the way he went about it was a separate problem.
The filing, also signed by six former Treasury secretaries, said that letting President Trump fire Lisa Cook would deal a blow to the credibility of the nation’s monetary policy.
The filing, also signed by six former Treasury secretaries, said that letting President Trump fire Lisa Cook would deal a blow to the credibility of the nation’s monetary policy.
The Supreme Court is hearing oral arguments on Wednesday in the case of Lisa Cook, the Federal Reserve governor whom President Trump is trying to fire. Our reporter Colby Smith describes the importance of Cook’s case for the independence of the central bank.
The Supreme Court is hearing oral arguments on Wednesday in the case of Lisa Cook, the Federal Reserve governor whom President Trump is trying to fire. Our reporter Colby Smith describes the importance of Cook’s case for the independence of the central bank.
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