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Chair Powell seeks watchdog review of Fed building overhaul

Associated Press News · 20m

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."

Barron's on MSN · 1h

Trump Attacks Cost of Fed Building. Why That Puts Powell’s Job Under Pressure.

President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly renovation of the central bank’s headquarters and again calling for him to step down.

CNN on MSN · 20m

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 to a source familiar with the matter.

18hon MSN

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

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

1don MSN

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 ...

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 ...

2don MSN

Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints

William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome ...

'Regime Change' at Fed? Crypto Rallies as Pressure Mounts on Chairman Jerome Powell

All things being equal, easier monetary policy tends to be good for risk assets — crypto surely among them. Bitcoin rallied ...

2h

Inflation Expected to Creep Up in Latest Consumer Price Index as Trump Continues the Pressure on the Fed

The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.

1don MSN

Powell's ouster 'one of the largest underpriced event risks over the coming months'

Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...

2d

Can Jay Powell Make It Through the Weekend?

Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.

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