Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...

The Fed has long maintained independence from the White House to avoid political pressures influencing monetary policy.

Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential ...

President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...

A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed ...

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

Fed Chairman Jerome Powell defends the central bank's $2.5 billion renovation project against Trump administration criticism ...

Federal Reserve Chairman Jerome Powell formally replied to White House OMB Director Russell Vought's July 10 letter, which asked pointed questions about the Fed's headquarters renovation. Powell ...

President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after ...

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's ...

U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, but he kept the ...

OMB Director Russell Vought said in a social media post that Jerome Powell "has grossly mismanaged the Fed" as he published a ...