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Powell asks watchdog to probe Fed HQ renovations

Jerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ: report

A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.

Politico · 1h

Powell asks watchdog to probe Fed HQ renovations as Trump pressure grows

The move comes amid speculation that Trump, who has clashed with Powell over interest rates, might try to use the project to remove the Fed chief “for cause."

Seattle Times · 1h

Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul

Federal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious.".

Fed, Jerome Powell and Chair

The New York Times · 3d

Can the Next Fed Chair Truly Be Independent From Trump’s Influence?

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.

Hindustan Times on MSN · 11d

Can Trump fire Jerome Powell? Here's when Fed chair's term ends

Powell, who was nominated by Trump to lead the Fed during his first administration, has been facing pressure from President to vacate his position

Insider on MSN · 1d

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.

Fed Defends Renovations as White House Widens Attacks on Central Bank

President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some ...

3don MSN

White House Suggests Jerome Powell May Have Broken Law Amid Trump Rift

The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, ...

+30 relevant news

Cryptopolitan on MSN23h

Hasset says firing Powell could be justified if there’s cause

His comments follow President Donald Trump’s intensified criticism of Federal Reserve Chairman Jerome Powell, accusing him of ...

2don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

+10 relevant news

3don MSN

Why Powell is ignoring Trump’s push to quickly slash interest rates

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.

+25 relevant news

InsuranceNewsNet3d

Powell focuses on his mandate amid Trump's pressure

President Donald Trump has spent months criticizing Federal Reserve Chair Jerome H. Powell, most recently arguing that the central bank should immediately cut interest rates to make it easier for the ...

23hon MSN

Economic council head says Trump’s ability to fire Fed’s Powell is ‘being looked into’

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair ...

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