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The Latest Breaking News from Jerome Powell

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

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

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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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 Independent UK

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

The Guardian - AU

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.

International Business Times

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.

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.

Benzinga

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.

Latin Times

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 Guardian - US

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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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Barchart

Will U.S. Government Bonds Rally?

U.S. long-term interest rates remain elevated in July 2025, with the long bond futures in a two-year consolidation range that is closer to technical support than resistance. When the long bond futures eventually break higher or lower, the move will impact markets across all asset classes.

The Independent UK

Federal Reserve gives journalists a rare tour of building renovations ahead of Trump's visit

President Donald Trump plans to visit the Federal Reserve as his allies scrutinize its expensive building renovations

International Business Times

Trump To Tour Fed As War On Central Bank Chief Ramps Up

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.

Reason

Trump Doesn't Need To Fire Jerome Powell. He Needs To End America's Spending Addiction.

The executive branch wants to use the Federal Reserve as a tool to accommodate the government's frenzy of reckless borrowing.

Fortune

Presidential visits to the Fed in the past have been endorsements of its independence—Trump's visit today? Not so much

Previous presidential visits to the Fed symbolized respect for its independence. Trump’s stop comes after repeated attacks on interest rate policy and a public clash over renovation costs, raising fresh concerns about political pressure on the central bank.

The Guardian - UK

Donald Trump will add to pressure on Jerome Powell with visit to Federal Reserve

The US president and the central bank have clashed over a $2.5bn renovation and its ongoing refusal to cut interest rates

Benzinga

Trump To Visit Federal Reserve In First Presidential Trip In 20 Years, Raising Stakes For Jerome Powell

President Donald Trump is set to visit the Federal Reserve on Thursday, as per the White House. This visit is seen as a direct escalation of Trump’s ongoing pressure on the Fed and its Chairman, Jerome Powell.

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