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White House Uses Fed Renovation Disputes to Pressure Powell

1 min read
Source: CNBC
White House Uses Fed Renovation Disputes to Pressure Powell
Photo: CNBC
TL;DR

The Federal Reserve has quietly responded to criticisms from the Trump administration regarding its $2.5 billion renovation project by updating its website with a FAQ that defends the project and clarifies misconceptions, amidst ongoing political tensions and accusations of mismanagement and overspending.

Topics:top-newspolitics#federal-reserve#jerome-powell#political-attack#politics#renovation-project#trump-administration
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  1. Federal Reserve quietly responds to Trump administration attacks over renovation  CNBC
  2. Fed Defends Powell Amid Trump’s Criticism of Central Bank Renovations  The New York Times
  3. Statement from Chairman of the Board of Fannie Mae and Freddie Mac William J. Pulte on Reports that Jerome Powell Is Considering Resigning  FHFA (.gov)
  4. 'Huge deal': White House probe fuels speculation Trump could oust Powell  Politico
  5. White House Seizes on Fed Renovations as Opening to Oust Powell  The Wall Street Journal

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