News

Fighting the Fed means more than switching chairs
The White House raised the specter of firing central bank head Jerome Powell over 'ostentatious' $2.4 bln renovations. Even ...
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 ...
Trump to end student loan payment pause: Borrowers have ‘a short window' to act, advocate says
Student loan borrowers enrolled in the interest-free SAVE forbearance will soon see their debt begin to grow again, the Trump ...
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 formally review an ongoing $2.5 billion renovation of the institution’s headquarters in Washington, DC, according ...
Fed Chair Powell asks inspector general to review controversial building project
In a letter posted to social media last week, Russell Vought, the head of the Office of Management and Budget, also slammed ...
Jerome Powell asks Inspector General to review Fed’s $2.5B HQ revamp as Trump escalates attacks: report
A source familiar with the matter told Axios that Powell directed Inspector General Michael Horowitz to examine the project’s costs.