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Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...
Jerome Powell defends $2.5 billion Federal Reserve renovation project amid criticism from the Trump administration
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over ...
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What will happen if Donald Trump tries to fire Fed's Jerome Powell?
Tension between the White House and the Federal Reserve is reaching a boiling point, with US President Donald Trump increasing his attacks on chairman Jerome Powell in recent days. Fears that the US ...
Powell sends letter to White House defending $2.5 billion Fed renovations
We have taken great care to ensure the project is carefully overseen since it was first approved by the Board in 2017,” the ...
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Fed Chair Powell responds to White House questions about HQ renovation
Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought’s stern letter by pointing him to a public ...
Powell defends $2.5 billion Fed renovation in a point-by-point response to the Trump administration
Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the ...
Wall Street cruises to more records as PepsiCo and tech stocks rally
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant ...
Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and ...
Trading Day: Econ Surprise, Wall Street's New Highs
Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...