Powell Under Siege
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But this week all eyes will be on Powell as he holds a solo press conference Wednesday that will be must-watch TV amid the political drama.
President Donald Trump used a rare visit to the Federal Reserve on Thursday to renew his pressure on Fed Chair Jerome Powell, telling reporters that costs to renovate the Fed’s buildings were exorbitant. Powell shook his head at times during the president’s remarks.
2don MSN
Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats
Trump has previously signaled he was considering whether to fire Powell, though it is unclear if he has the legal authority to do so.
Deputy White House chief of staff James Blair discusses where President Trump stands on Jay Powell's position with the Federal Reserve, when we may start to see rate cuts, and more on 'Sunday Night in America.
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central bank.
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy,
Washington — House Speaker Mike Johnson said he understands President Trump's frustration with Federal Reserve Chair Jerome Powell, but reiterated that he's uncertain about "what the legal parameters are" if the president fires him .
5don MSN
Powell's closed-door Fed meetings spark lawsuit from Azoria Capital: 'Public deserves to know'
Filed in the U.S. District Court for the District of Columbia, Azoria Capital's lawsuit claims that the bank's closed-door meetings violate the Government in the Sunshine Act of 1976.