Fed, White House and Powell
Digest more
Jeffrey Epstein, white house and Trump
Digest more
Federal Reserve Chair Jerome Powell is under fire from the White House, which accuses him of bungling a yearslong renovation of the Fed's headquarters and has suggested that it could be cause to fire him.
He—the president, their leader, the martyr who had endured scandals and prosecution and an assassin’s bullet on their behalf—had repeatedly told them it was time to move on, and that alone should suffice. Why, he groused, would the White House add fuel to the fire, would it play into the media’s narrative?
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?
President Donald Trump’s White House is frantically trying to put out the blaze sparked by its own promises to expose whatever the federal government is hiding about disgraced financier Jeffrey Epstein. A Wall Street Journal bombshell has only flared up the rage, increasing the likelihood that this fire will keep burning all summer.
A Supreme Court ruling last week means planned reductions in force can continue, but unions and other groups will battle the administration at each step.
Rep. French Hill (R-Ark.), the chairman of the House Financial Services Committee, said on Thursday that he does not “believe” that President Trump can fire Federal Reserve Chair
U.S. President Donald Trump signed an executive order on Thursday creating a new classification of non-career federal workers who can more easily be fired if they fail to carry out a president's priorities,
White House press secretary Karoline Leavitt declined to comment on the DOJ's sudden firing of federal prosecutor Maurene Comey, who handled major cases involving Jeffrey Epstein and Sean Combs. Comey issued a strong statement warning against fear-based governance.