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Chair Powell seeks watchdog review of Fed building overhaul

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 conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,

Reuters on MSN · 4h

Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports

U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project aimed at overhauling Fed buildings, Politico reported on Monday, citing a letter to lawmakers by Powell.

The Associated Press on MSN · 11h

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."

Fed, Powell and White House

USA TODAY on MSN · 7h

Fed Chair Powell's finally fighting back as the White House looks to fire him "for cause"

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work? And does it even matter?

Fox Business on MSN · 8h

Trump calls Fed Chair Powell a 'knucklehead,' says interest rates should be below 1%

President Donald Trump renewed his criticism of Federal Reserve policy under Jerome Powell, calling the chair a "knucklehead" and advocating for interest rates to be at less than 1%.

Yahoo Finance on MSN · 11h

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 headquarters. One says the Trump administration is examining whether it can fire the policymaker,

12h

Why Trump removing Powell is the market's most underestimated risk

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event ...

3hon MSN

Trump firing Fed Chair Powell could spark 'Nixon shock,' warns analyst

Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon ...

2hon MSN

Jerome Powell's 'building fiasco' will be the 'end of his career,' says Bill Pulte

Director of the Federal Housing Finance Agency Bill Pulte discusses President Donald Trump's attacks on Fed Chair Jerome ...

1don MSN

Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

9hon MSN

AI’s Goldilocks Problem: Powell, Huang, and Amodei Can’t Agree—And Gen Z’s Fate Lies in the Balance

Dario Amodei, Jensen Huang, and Jerome Powell aren't equally bullish — or bearish — about AI. Will unemployment skyrocket to ...

2don MSN

Powell's ouster 'one of the largest underpriced event risks over the coming months'

Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and ...

12h

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 ...

5hon MSN

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower ...

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Chair Powell seeks watchdog review of Fed building overhaul

Fed, Powell and White House

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