White House, Fed and Powell
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A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.
A key Trump official said Federal Reserve Chair Jerome Powell has “grossly mismanaged” the institution and demanded more information about the central bank’s renovation of its headquarters in Washington.
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
Trump’s plan to scrap the Chemical Safety and Hazard Investigation Board is unpopular with just about everyone — including the chemical industry.
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ABC7 KABC on MSNSoCal Boys & Girls Clubs concerned children will lose services due to White House funding cuts"Somebody is going to have to pay for these services that are needed. We're not going to let kids starve," said Kim Richards, CEO of the Boys & Girls Clubs of Carson.
The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had "grossly mismanaged" the central bank, chastising him for running a deficit and for extensive cost overruns for building renovations.
White House budget chief Russell Vought on Thursday accused Federal Reserve Chair Jerome Powell of mismanaging the central bank’s budget during renovations, adding to President Trump’s criticism
The bill delivers hundreds of billions for new military funding and allows increased spending on immigration enforcement.
The chair of the White House Council of Economic Advisers said that some countries that are negotiating with the U.S. could see tariffs delayed.
Instead, based on the budget process to date and statements from the White House, they view the memos as an effort by the Trump administration to move forward with canceling as many NASA science missions as possible before Congress passes a budget for the upcoming fiscal year, 2026. This fiscal year begins on October 1, three months from today.
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In a potential escalation of President Donald Trump's feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether Powell has been misleadin