News

What would the fallout be if Donald Trump tries to fire the Federal Reserve chief?
Trump has been toying with the idea of ousting Jerome Powell despite expert warnings that doing so could be illegal, while ...
The Fed Building Renovation at the Heart of Trump’s Efforts to Oust Powell
The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...
Warren goes to bat for Powell amid Trump criticism
Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ...
Fed defends costly renovation project amid White House criticism that it was mismanaged
Investors don’t seem to give much credence to claims that cost overruns will give President Trump justification to oust Fed ...
Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify
The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks ...
Behind Trump's move to back off Powell: Lawyers warned against it.
Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.