Fed, White House and Powell
Digest more
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
The White House is criticizing an expensive renovation at Federal Reserve headquarters as President Donald Trump pursues a pressure campaign to lower interest rates.
Vought's accusation follows the pressure campaign President Donald Trump has fronted, pushing Powell to lower interest rates and has also played with the idea of replacing Powell as Fed chair. On Wednesday,