Trump, Jerome Powell
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President Donald Trump used a rare visit to the Federal Reserve on Thursday to renew his pressure on Fed Chair Jerome Powell, telling reporters that costs to renovate the Fed’s buildings were exorbitant. Powell shook his head at times during the president’s remarks.
Trump is the first president to visit the Fed since President George W. Bush attended the swearing-in ceremony of Fed Chair Ben Bernanke in 2006. That ceremony marked only the third visit of a president to the Fed, Bernanke noted in his remarks on the day.
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented,
Eyes were closed, heads were shaking and backs were slapped. The nonverbal cues at the president's visit to the Federal Reserve are worth another look.
President Donald Trump’s unprecedented walk-through of the Federal Reserve’s now-controversial building renovation project with Jerome Powell ended with a sign of relief for the central bank chief who’s been under pressure for months to slash interest rates.
The director of the Federal Housing Finance Agency has made the removal of the Fed chair his personal mission.
Financial markets finished the week on a high note after Federal Reserve chair Jerome Powell stood his ground against President Trump in a rare joint appearance by the two men on Thursday. The
President Trump visited the Federal Reserve and raised the issue of cost overruns in construction of new facilities there. It was a new front in Trump's extended campaign to pressure Powell, who he says has been too slow to lower interest rates.