News

White House targets Fed chair Jerome Powell over $2.5B DC HQ renovation: ‘We’re going to hold him accountable’
Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.
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 ...
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against ...
Trump’s OMB director says Powell 'has grossly mismanaged' Fed as White House pressure builds
OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a ...
White House accuses Powell of mismanaging the Fed, citing renovation
White House budget chief Russ Vought on Thursday accused Federal Reserve chair Jerome Powell of mismanaging the central bank’s budget during renovations, adding to President Trump’s criticism of ...
White House’s Vought Pressures Powell Over Fed Renovation
A key Trump official said Federal Reserve Chair Jerome Powell has “grossly mismanaged” the institution and demanded more ...
White House budget director accuses Fed chair of violating building rules in renovation
White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of ...
White House escalates pressure campaign on Fed chair by targeting its headquarters renovation
The White House is escalating its pressure campaign to get the Federal Reserve chairman to either lower interest rates or ...
The White House just took its most aggressive stance yet against Jerome Powell
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.