White House, Fed and Powell
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President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.
The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump economic adviser.
A Supreme Court ruling last week means planned reductions in force can continue, but unions and other groups will battle the administration at each step.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."
6don MSN
US President Donald Trump's bizarre 'Superman' image was posted by the official account of White House. The post coincided with the US release of Superman, the latest film from Warner Bros. Pictures.
A wildfire that has scorched more than 19,000 acres has forced visitors, employees and residents of the Grand Canyon North Rim to evacuate.
The White House Instagram account ignited a firestorm online after sharing a digitally altered image depicting Donald Trump as Superman.
President Trump said Wednesday it's "highly unlikely" that he would fire Jerome Powell, but he continued to air his frustrations with the Federal Reserve chair. CBS News MoneyWatch correspondent Kelly O'Grady has more.