News

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Can Trump fire the Fed Chair? He’s building a $2.5 billion excuse
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
Powell responds to White House on Fed headquarters renovation
Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about ...
Jerome Powell asks Inspector General to review Fed’s $2.5B HQ revamp as Trump escalates attacks: report
Federal Reserve Chair Jerome Powell has reportedly asked the central bank’s inspector general to review its $2.5 billion ...
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 formally review an ongoing $2.5 billion renovation of the institution’s headquarters in Washington, DC, according ...