Trump, Powell and Fed
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Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over interest rates.
After asking a group of House Republicans on Tuesday if he should fire Federal Reserve Chair Jerome Powell, President Trump on Wednesday said it's unlikely Powell will be fired and he'll wait until the Fed chair's term is up next year.
As the director of the Federal Housing Finance Agency, Bill Pulte oversees the system that helps keep the U.S. mortgage market liquid.
The bond manager hasn’t adjusted its portfolio saying it seems unlikely the president will get his way.
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Fed Governor Christopher Waller, at a New York event, said the US central bank should lower borrowing costs at its July 29-30 policy meeting to preserve the labor market’s stren