The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.

The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%. This is to unleash what the president says is trillions of dollars in pent-up economic demand amidst somewhat stable inflation and job rates.

I want to talk about why this strategy of firing Powell won't get President Trump what he ultimately wants: lower mortgage rates.

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."

President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower interest rates could fuel price rises and make lenders demand higher compensation to hold bonds.

Patriotism is now being used as an inflation control strategy by the White House, according to economic advisor Kevin Hassett, who on Monday told CNBC’s

After cutting Sidney Powell from his legal team, President Donald Trump has welcomed her back into the White House to plot out further efforts to revive his presidency.

Federal Reserve Chair Jerome H. Powell pauses during a March 3 news conference, to discuss an announcement from the Federal Open Market Committee, in Washington. (Jacquelyn Martin/AP) Listen ...

Powell described the current economy as resilient despite uncertainty, with solid growth, a stable labor market and inflation gradually moving toward the Fed's 2% target. He pointed to continued economic expansion, highlighted by a 2.3% annual GDP growth rate in the fourth quarter of 2024.