News

Bessent: ‘Formal process’ underway to pick Powell successor
Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...
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 ...
Powell seeks review of updates
Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's building ...
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 ...
White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...
Fed's Powell Asks Watchdog to Take Fresh Look at Renovation Project, Politico Reports
Recent comments from White House economic adviser Kevin Hassett on criticism of the Fed's renovation costs have confirmed the ...