News

Contenders to succeed Powell slam Fed chair as White House pressure intensifies
Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank’s ...
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to formally review an ongoing $2.5 billion renovation of the institution’s headquarters in Washington, DC, according ...
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 ...
Live updates: Trump pledges weapons for Ukraine and threatens secondary tariffs on Russia
Latest news and live updates as Trump announces the U.S. will send Patriot missiles to Ukraine and meets with NATO's ...
Fed Chair Powell asks inspector general to review controversial building project
In a letter posted to social media last week, Russell Vought, the head of the Office of Management and Budget, also slammed ...
Trump Adviser Says This Is How The President Could 'Certainly' Fire Powell
“The President is extremely troubled by your management of the Federal Reserve System,” Vought said. “Instead of attempting ...
Global Construction Review1h
White House puts Fed chair under pressure over $2.5bn HQ renovation
No one welcomes construction disputes, but when the initiator is the President of the United States, it’s even less welcome.
'Series Of Mismanagement': Russell Vought Slams Fed Chair Jerome Powell Over Fed Building Renovation
During a press gaggle on Friday, Office of Management and Budget Director Russel Vought spoke about Fed Chair Jerome Powell.
Russell Vought Says Trump Is 'Offended' Over Jerome Powell's Renovations To The Federal Reserve
During a press gaggle on Friday, Office of Management and Budget Director Russel Vought spoke about Fed Chair Jerome Powell.
Trump Attacks Cost of Fed Building. Why That Puts Powell’s Job Under Pressure.
President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly ...
AccessWDUN1h
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 ...
CNA1h
Traders largely shrug off tariffs before US consumer price data
The euro hit a three-week low on Monday before recovering to trade little changed on the day, while the dollar was steady against a basket of currencies, as traders largely shrugged off new tariffs ...