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Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred attack strategies — flooding the zone.
Trump escalates pressure on the Fed with a high-profile visit, signals retreat from firing Powell while pushing for rate cuts, using his trademark 'flood-the-zone' strategy ...
Trump’s reluctant approval comes as a reversal of sorts, after Office of Management and Budget Director Russell Vought sent a letter to Powell about the Fed’s renovation project and claimed ...
Scott — who also asked Powell about the Fed's renovations during a June 25 hearing and was on hand Thursday — sent Powell a letter Wednesday asking for more questions to be answered by Aug. 8.
Powell is facing intensifying pressure to cut rates, alongside threats to his position from the Trump administration. Markets expect a full percentage point of cuts by the end of 2026.
Washington (CNN) — The long-simmering clash between President Donald Trump and Federal Reserve Chair Jerome Powell was on full public display during a Thursday afternoon tour of the renovation site at ...
Powell Pushes Back On Trump’s Cost Claims During Awkward Tour Of Fed Building By Sara Dorn, Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.
Trump and Powell spar over costs of Fed renovations By Michael S. Derby July 24, 20252:07 PM PDTUpdated July 24, 2025 ...
The successor to the first stock market index is getting up there with the S&P 500 and the Nasdaq Composite in all-time-high territory.
President Trump and Federal Reserve Chair Jerome Powell bicker face-to-face over the cost of the Fed’s renovations as the president visits the construction site.