Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the ...

Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.

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

Federal Reserve Chair Jerome Powell has reportedly asked the central bank’s inspector general to review its $2.5 billion headquarters renovation, a project that has become a key focus of escalating ...

Federal Reserve chair Jay Powell has rebutted the Trump administration’s accusations that he misled Congress over a $2.5bn refurbishment of the central bank’s headquarters, saying it did not inform ...

Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's building ...

Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.

Top opinion-shapers and decision-makers are expressing mixed views on the evolving conflict between the White House and the ...

The law governing the Fed does say that the chair can be fired “for cause,” such as wrongdoing by the chair or neglect of duty. Powell’s term as chair ends in May 2026.

Powell's term as chair ends in May 2026. Vought's letter criticizes Powell's management of the Fed, suggesting that the administration could be trying to build a case to remove the chair for cause.

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic ...