Powell's Fed Renovation Controversy

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Fed, TheFederal Reserve

SEE IT: The pricey Federal Reserve renovation project at center of controversy

The Federal Reserve on Thursday responded to the Trump administration's inquiry into cost overruns in the central bank's renovations of its Washington, D.C., headquarters amid its efforts to pressure ...

Devdiscourse · 2d

Renovation Controversy: Trump Administration Eyes Fed's Upgrades

Soy Aire on MSN · 11d

Federal Reserve's Independence Under Scrutiny Amid Renovation Controversy

· 15h

White House Keeps Pressure on Powell Over Rate Cuts and Renovations

The White House showed no sign of easing its pressure campaign on Jerome H. Powell, the chair of the Federal Reserve, who is facing allegations of mismanaging both the economy as well as a roughly $2...

· 20h

What Trump’s Feud With Jerome Powell Is Really About

· 21h

Bessent Sees No Reason Powell Should Step Down From Fed

· 18h

Trump officials plan tour of Fed HQ on Thursday

Treasury Secretary Scott Bessent on Monday called on the Fed "undertake, publish and implement a comprehensive institutional review across its entire mission to buttress its credibility.”

· 19h

Fed Newly Defends Renovations as White House Intensifies Attacks

· 1d

FAQ: Here’s what would happen if Trump actually tries to fire Powell

2hon MSN

Here’s how the Fed’s Renovation budget ballooned to $2.5 billion

The Federal Reserve’s renovation project is bogged down largely by invisible labor, preservation, raw material, and environmental costs, all of which have added to the ire directed towards Fed Chair Jerome Powell.

23hon MSN

Powell under siege as Fed conference kicks off

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while

3hon MSN

Scott Bessent backs Jerome Powell: 'There's nothing that tells me he should step down right now’

Amid tensions with the White House, Treasury Secretary Scott Bessent backed Fed Chair Jerome Powell, saying there's no need for him to step down before his term ends in May. However, Bessent suggested Powell has a chance to cement his legacy by reforming the Fed’s non-monetary functions.

Banking Dive18h

Dive Deposits: Even Elizabeth Warren is coming to Powell’s defense

The senator knocked the FHFA chief over voluminous social posting. Meanwhile, the Fed published a video tour of its renovations, and Treasury Secretary Scott Bessent expounded on his recent comments.

Can Trump Fire Powell? He Likely Lacks a Case, Legal Experts Say.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.