Yes, Trump wants Powell out mainly because the Fed boss refuses to lower interest rates and juice the economy. But let’s pause a moment to contemplate the construction-site fiasco.

Trump, who for months has hammered Powell for being slow to cut rates, toured the Fed’s controversial $2.5 billion building project with the embattled central banker on Thursday.

Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the Fed has not only badly hamstrung monetary policy for years but has ...

Key Takeaways The Federal Reserve is likely to hold interest rates steady at its July meeting, with Trump’s tariffs beginning to put upward pressure on inflation. Powell is facing intensifying ...

The Fed’s construction project has emerged as an excuse for the Trump administration to ramp up pressure on Powell to lower interest rates, which central bankers have resisted throughout this ...

President Donald Trump claims there's "no tension" with Fed Chairman Powell during a Federal Reserve visit despite an on-camera clash over $3.1 billion in renovation costs.

WASHINGTON — After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank ...

Powell’s determination to serve out his term through May 2026 ensures he will remain the target of a White House-led attacks on the Fed, which has faced intensifying pressure to cut interest rates.

Plus, we’ve got some A.I. hacks from the C.E.O. of Sanofi. Budget beef Jay Powell has — for now — survived his latest encounter with President Trump, a hard-hat tour of the Fed’s headquarters.

Yes, Trump wants Powell out mainly because the Fed boss refuses to lower interest rates and juice the economy. But let’s pause a moment to contemplate the construction-site fiasco.

Last September, when the Fed cut its rate a half-point, mortgage rates actually rose in response. Trump did step back a bit from some of his recent threats to fire Powell before his term ends May 26.