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Chair Powell Seeks Watchdog Review of Fed Building Overhaul

Associated Press News on MSN · 12m

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 renovations that White House officials have attacked as “ostentatious."

CNN on MSN · 34m

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 to a source familiar with the matter.

CNBC on MSN · 49m

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 the project, which involves two of the Fed's three Washington, D.C. buildings including its main headquarters known as the Eccles Building.

34m

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 ...

2don MSN

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.

'Regime Change' at Fed? Crypto Rallies as Pressure Mounts on Chairman Jerome Powell

All things being equal, easier monetary policy tends to be good for risk assets — crypto surely among them. Bitcoin rallied ...

2don MSN

Jerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ: report

A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows ...

2don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

2don MSN

Fed Chair Jerome Powell reportedly considers resigning, William Pulte hints

William Pulte , Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome ...

1h

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 ...

14hon MSN

Trump economic adviser Kevin Hassett says prez has authority to fire Fed chair Jerome Powell as DC renovations probed: ‘A lot to answer for’

President Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White ...

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