News

Fed Chair Powell's finally fighting back as the White House looks to fire him "for cause"
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?
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 ...
Hassett says White House probing Fed renovation costs, authority to fire Powell
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...
Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...
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 ...
Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s ...
Bisnow5h
White House Increases Attacks On Powell Over Fed’s $2.5B Office Renovation
Kevin Hassett, an economic adviser to President Donald Trump, said that the Federal Reserve chairman had "a lot to answer for ...
White House exploring authority to fire Fed's Powell: Official
U.S. President Donald Trump could dismiss Federal Reserve (Fed) Chair Jerome Powell for cause if supported by evidence, White ...
Jerome Powell asks Inspector General to review Fed’s $2.5B HQ revamp as Trump escalates attacks: report
A source familiar with the matter told Axios that Powell directed Inspector General Michael Horowitz to examine the project’s costs.
Global Construction Review6h
White House puts Fed chair under pressure over $2.5bn HQ renovation
No one welcomes construction disputes, but when the initiator is the President of the United States, it’s even less welcome.
Jerome Powell asks inspector general to review Fed's $2.5B renovation project
The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue ...
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 ...