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Treasury Secretary Scott Bessent claimed the president is "not looking to fire" Powell, but noted that the search for his replacement is already underway.
The Trump administration has used the pricey project as a means to attack Federal Reserve chair Jerome Powell.
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, ...
Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about ...
We have taken great care to ensure the project is carefully overseen since it was first approved by the Board in 2017,” the ...
President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...
In a letter Thursday, the Federal Reserve chief rejected criticism the White House has leveled at him over the cost of ...
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...
Federal Reserve Chair Jerome Powell pushed back Thursday on GOP criticisms regarding renovation costs for two buildings in ...