Russell Vought, director of the Office for Management and Budget, has compared the renovation to the building of the Palace of Versailles and described cost overruns as “outrageous”. He has also ...

White House and administration officials have accused Powell of mismanaging a $2.5 billion renovation project at the Fed, ...

The over budget renovation of the Federal Reserve's headquarters draws criticism from the Trump administration and raises pressure on Chairman Jerome Powell.

Republican Representative Anna Paulina Luna has asked the Department of Justice to consider investigating and prosecuting ...

The move comes amid ongoing pressure from President Trump and his allies, who continue to call for the removal of Jerome Powell.

The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...

Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current ...

Key Points Donald Trump is publicly pressuring Fed Chair Jerome Powell to cut interest rates sooner, while exploring controversial arguments—including costly Federal Reserve renovations—as potential ...

Dems accuse president of trying to change subject from Epstein with Gabbard’s Obama ‘conspiracy’ - President Donald Trump promoted the conspiracy theory over the weekend, congratulating Gabbard on Tru ...

While critics cry foul over a $2.5 billion bill, the real story lies in the unseen layers beneath the Fed’s historic headquarters, in foundations lowered by hand, in a water-logged city that’s ...

President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who Trump appointed in 2017, over ...