Trump, Powell and Fed
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President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair correct the president.
President Donald Trump is visiting the Federal Reserve headquarters, a week after indicating that Fed chair Jerome Powell's handling of a renovation project could be grounds for firing.
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President Donald Trump and Federal Reserve Chairman Jerome Powell went back and forth about the costs of ongoing renovations at the Fed headquarters in Washington. The rare Fed visit came as Trump and his administration ramp up criticism of the central bank chairman and urge him to lower interest rates.
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Washington — House Speaker Mike Johnson said he understands President Trump's frustration with Federal Reserve Chair Jerome Powell, but reiterated that he's uncertain about "what the legal parameters are" if the president fires him .
Azoria Capital is “proud” to sue Powell over secret FOMC sessions. The Miami business claims the Fed is breaching the Sunshine Act.
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Filed in the U.S. District Court for the District of Columbia, Azoria Capital's lawsuit claims that the bank's closed-door meetings violate the Government in the Sunshine Act of 1976.
An investment firm headed by a supporter of President Donald Trump sued Federal Reserve Chairman Jerome Powell and other Fed officials demanding public access to monetary policy meetings.James Fishback’s Azoria Capital said in a suit filed Thursday that the decades-old practice of holding Federal Open Market Committee meetings behind closed doors violates government transparency laws.