The Federal Reserve defended its $2.5 billion headquarters renovation project in a detailed FAQ posted Sunday. It asserted ...

Kevin Hassett, an economic adviser to President Donald Trump, said that the Federal Reserve chairman had "a lot to answer for ...

A source familiar with the matter told Axios that Powell directed Inspector General Michael Horowitz to examine the project’s costs.

The White House raised the specter of firing central bank head Jerome Powell over 'ostentatious' $2.4 bln renovations. Even if this flimsy ploy or other gambits to sway leadership work, there are 12 ...

Latest news and live updates as Trump announces the U.S. will send Patriot missiles to Ukraine and meets with NATO's ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank’s ...

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s ...

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 ...

In a letter posted to social media last week, Russell Vought, the head of the Office of Management and Budget, also slammed ...

No one welcomes construction disputes, but when the initiator is the President of the United States, it’s even less welcome.

U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that ...

Federal Reserve Chair Jerome Powell has asked the central bank's inspector general to review its $2.5 billion headquarters renovation project, which has become a key focus of Trump administration ...