The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?

WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...

Australia will not commit troops in advance to any conflict, Defence Industry Minister Pat Conroy said on Sunday (July 13), ...

Investors don’t seem to give much credence to claims that cost overruns will give President Trump justification to oust Fed ...

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed ...

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually ...

FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, ...

The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.