All articles tagged with #fed headquarters renovation
The White House is criticizing Fed Chair Jerome Powell over a costly renovation of the Fed's historic headquarters, suggesting mismanagement and using it as a pretext to potentially fire him, amid ongoing policy disputes and Trump's frustrations with interest rate decisions.
President Trump criticized Federal Reserve Chair Jerome Powell over the $2.5 billion renovation of the Fed's headquarters, suggesting it could be a fireable offense, amid broader tensions over monetary policy and ongoing investigations into the renovation costs.
President Trump has considered firing Fed Chair Jerome Powell over issues related to the Fed's headquarters renovation and ongoing pressure to cut interest rates, with administration officials questioning Powell's independence and using the renovation overruns as a potential cause for removal. The situation is part of a broader effort by the White House to influence Fed policy and leadership.
The boss of Fannie Mae and Freddie Mac has called for Congress to investigate Fed Chair Jerome Powell over alleged deceptive testimony regarding a $2.5 billion renovation of the Fed's DC headquarters, which contradicts official documents and has sparked political controversy and calls for accountability.