Trump’s case against Fed chair Powell
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A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for directing US monetary policy to make its meetings publicly accessible and accused an investment firm of wasting the court’s time.
Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.
The Federal Reserve, or Fed, is the central bank of the United States. It is made up of twelve district banks that are supervised by a Board of Governors. Basically, the Fed oversees banks, protects consumers and keeps our financial system stable.
5don MSN
President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell's handling of an extensive renovation project on two Fed buildings could be grounds for firing.
Sen. Bernie Moreno (R-OH) compared Federal Reserve Chairman Jay Powell to Dr. Anthony Fauci in an interview with CNN's Kaitlan Collins. KAITLAN COLLINS, CNN HOST: I think the question that people have had is seeing the president there,
The Federal Reserve System in the U.S. conducts the nation's monetary policy and regulates its banking institutions. The system is comprised of a minimum of 8, and a maximum of 12, regional ...
Former Federal Reserve Governor Kevin Warsh joins ‘Special Report’ to discuss the future of the central banking system and addresses the Trump administration’s second-term economic agenda.
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers and their decisions.
California Congresswoman Nancy Pelosi Defends Federal Reserve Independence on House Floor: “The Fed Chair Can’t be a Party Hack” (Video)