A reporter asked if that was a fireable offense. “I think it sort of is,” Trump said. Trump has railed against Powell for months, demanding lower interest rates. But Fed officials have held rates ...

Trump has in the past stopped short of saying he would fire Powell, something he may not even have the legal authority to do. Powell’s term ends in May 2026. But top White House officials have in ...

But Powell acknowledged that “the cost overruns are what they are.” In a statement on its website, the Fed said the renovations “will consolidate most Board staff into one campus; reduce off-site ...

The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...

Republican Rep. Anna Paulina Luna skewered a Fox Business host and demanded he retract comments criticizing her criminal ...

SINTRA, Portugal (Reuters) -U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering ...

The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been ...

In 2024, the Fed's board canceled its planned renovations of a third building because of rising costs. The Fed says the renovations will reduce costs “over time” because it will be able to consolidate ...

Under questioning, Powell acknowledged that tariffs might not push up inflation as much as economists forecast. That, he said, could lead the Fed to reduce rates more quickly.

Trump has railed against Powell for months, demanding lower interest rates. But Fed officials have held rates steady this year, much to Trump’s ire.

President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against ...