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Fed Chair Powell's finally fighting back

Fed Chair Powell's finally fighting back as the White House looks to fire him "for cause"

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?

U.S. News & World Report · 1d

Hassett Says White House Probing Fed Renovation Costs, Authority to Fire Powell

U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday and that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.

Politico · 15h

Powell asks watchdog to probe Fed HQ renovations as Trump pressure grows

The move comes amid speculation that Trump, who has clashed with Powell over interest rates, might try to use the project to remove the Fed chief “for cause."

INVENTOR EYE on MSN8d

Unveiling the Federal Reserve: Its Secrets, Structure, and the True Owners Behind It

The Federal Reserve is one of the most important and mysterious institutions in the United States. With a history spanning ...

MarketWatch9y

Fed’s structure is broken and needs overhaul, former insider says

The Fed Fed’s structure is broken and needs overhaul, former insider says Proposes all Fed officials should be subject to Senate confirmation. Published: May 4, 2016 at 10:46 a.m. ET.

4don MSN

Fed Governor Waller favors cutting interest rates in July and continued shrinking of balance sheet

Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also ...

Forbes6y

The Fed Has Not Been Independent - Perhaps It Should Be ... - Forbes

The Federal Reserve has never really been independent, ... An alternative structure for the central bank would likely improve accountability, similar to what Friedman envisioned.

Reuters2y

Fed's current structure has boosted public confidence, George says

The Federal Reserve's current structure, with the Washington-based Board of Governors and 12 quasi-autonomous regional banks, has "created a durable and credible public institution," outgoing ...

Wall Street Journal10y

Key Republican Lawmaker Calls for Review of Fed Structure

U.S. Senate Banking, Housing, and Urban Affairs Committee Chairman Richard Shelby (R., Ala.) said Tuesday his panel will review the Federal Reserve’s structure, given its broad new powers over ...

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