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The Latest Breaking News from Jerome Powell

Here's how the Federal Reserve funds itself, including renovations, without taxpayer dollars

Unlike the Pentagon and a new weapons system that has blown through its budget, the Fed and its operations are funded differently.

Fortune

What CEOs Say About President Trump and Fed Chair Powell

Top opinion-shapers and decision-makers are expressing mixed views on the evolving conflict between the White House and the central bank.

Kiplinger

Kevin O'Leary Warns Trump's Powell Criticism Threatens US Financial Credibility: 'Whacking The Fed Is Not A Good Idea'

"Shark Tank" investor Kevin O'Leary has cautioned that Donald Trump's attacks on Federal Reserve Chair Jerome Powell could undermine global trust in U.S. financial markets.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Stocks Rise After Trump-Powell Fed Tour: Stock Market Today

Nvidia hit a new all-time high intraday, but another renowned semiconductor name and some less iconic stocks were bigger movers Friday.

Kiplinger

Trade Deals Fuel Wall Street Gains, Trump Renews Fed Attack: This Week In Markets

Wall Street closed the week higher, with tech-heavy indices notching fresh records as upbeat corporate earnings, resilient macro data and breakthrough trade deals converged to boost risk appetite.

Benzinga

Fox News Called Out for Editing Fed Chair Fact-Checking Trump: 'Jerome Powell Should Sue'

Fox News played video omitting the moment President Trump was fact-checked by Federal Reserve Chair Jerome Powell, sparking accusations of bias and calls to sue

Latin Times

Trump says he may want to give you a tariff rebate check: ‘A little rebate for people of a certain income level might be very nice’

Trump has been busy in July, with a deal to bring real sugar back to (some) Coke recipes, a visit to the Federal Reserve, and demands about a sports team nickname.

Fortune

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First Thing: ‘Hungry aid staff fainting’ as starvation spreads in Gaza and truce hopes fade

UN agency says ‘entire humanitarian system is collapsing’ as ceasefire talks fail. Plus, South Park creators ‘terribly sorry’ about naked Donald Trump

The Guardian - UK

Watch Fed Chair Jerome Powell react to US President Donald Trump

The Federal Reserve Chair and the US President got into a disagreement over costs at a tour of the Fed’s office building renovation in Washington on Thursday.

Euronews

Trump's Rare Fed Visit Sparks Talks Of A $7 Trillion Problem

President Donald Trump showed up at the Federal Reserve on Thursday to tour its renovation — but the symbolism of the visit revealed something far more urgent: America's spiraling $7.1 trillion deficit and the rising risk it places on markets and monetary policy.

Benzinga

Elizabeth Warren opposed Jerome Powell. Now she worries Trump will fire him

Once the Federal Reserve chairman’s biggest critic, Warren fears Trump’s attacks on the central bank’s independence

The Independent UK

The stock market just blew through Warren Buffett’s favorite danger signal

Perhaps that’s one reason stocks are selling off globally this morning. While most indexes in Asia and Europe remain near their all-time highs, there is broad-based but mild selling in all of them.

Fortune

Republican senator calls Jay Powell ‘the Fauci of the financial system’

Ohio’s Bernie Moreno argues Federal Reserve chairman is ‘grossly incompetent’ and should step down

The Independent UK

US Stocks Likely To Open On A Mixed Note: Intel, Philips 66, Centene, Charter Earnings In Focus

U.S. stock futures swung between gains and losses on Friday after ending on a mixed note on Thursday. Futures of major benchmark indices were mixed.

Benzinga

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news in one place.

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The Independent UK

Trading a suit for boots and a hard hat: Behind the scenes at the Federal Reserve, mid-renovation

On Thursday, staff at the Federal Reserve led a small group of journalists, photographers and television cameras on an extensive tour of the large, active construction site that comprises two 1930s-era buildings

The Guardian - AU

Trump news at a glance: Jerome Powell tackles inflation of White House figures on HQ upgrades

Hardhats and bad math as Fed chief shows president’s complaint about $3.1bn cost has been jacked up with old spending. Key US politics stories from 24 July 2025

International Business Times

Asian Markets Turn Lower As Trade War Rally Fades

Asian stocks fell Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row back their expectations for interest rate cuts.

Benzinga

Trump Says Not 'Necessary' To Fire Jerome Powell — But Presses Fed Chair On Rate Cuts And $2.5 Billion Renovation: 'I'd Love Him To Lower Interest Rates'

In a rare Presidential visit to the Federal Reserve headquarters, President Donald Trump publicly pressed Fed Chair Jerome Powell to deliver sharp interest rate cuts while criticizing the central bank's $2.5 billion renovation project.

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Trump, Powell Clash Over $3 Billion Federal Reserve Renovations In Front Of Reporters

President Donald Trump and Federal Reserve Chairman Jerome Powell had a public disagreement over the escalating price tag for renovation work at the Federal Reserve's headquarters on Thursday.

Latin Times

Trump Fact-Checked on Live TV by His Own Fed Chair for Fudging Numbers

President Donald Trump donned a hard hat to visit the currently under-construction Federal Reserve headquarters following his criticism of Fed Chair Jerome Powell and the renovation's ballooning costs.

The Guardian - US

Trump tussles with Jerome Powell on rare visit to Federal Reserve

Fed chair pushes back on Trump criticism of renovation costs as president presses central bank to cut interest rates

The Independent UK

How Trump could use a building renovation to oust Fed Chair Powell

President Donald Trump says he's found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

The Independent UK

Trump clashes with Jerome Powell during awkward tour of Federal Reserve

Federal Reserve chair wasn’t fazed by Trump’s attempt to bully him in front of press

Kiplinger

July Fed Meeting: Updates and Commentary

The July Fed meeting came and went, with Fed Chair Powell saying little about a September rate cut and President Trump.

inkl

Fed Under Fire: How Political Pressure Is Undermining the Dollar’s Credibility

Amid heightened political tensions in Washington, the Bank for International Settlements (BIS) sounded the alarm this weekend. The aim was to highlight the crucial importance of central bank independence at a time when the US Federal Reserve is under unprecedented political pressure.

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