Order byBest matchMost fresh

White House, Federal Reserve and costly renovation

Digest more
Why the Federal Reserve's building renovations are attracting the White House's ire
A multi-billion dollar makeover of the Federal Reserve's offices in Washington, D.C., has become the latest skirmish in an ongoing battle between the White House and the central bank.

Continue reading

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
Fed defends costly renovation project amid White House criticism that it was mismanaged
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 ...

Continue reading

EconoTimes · 18h
Powell Orders Review of Fed’s $2.5B Renovation Amid Trump Pressure
Powell seeks internal review of Fed's HQ overhaul - report
Under Fire by Trump Over Costs, Chair Powell Seeks Watchdog Review of Fed Building Overhaul
Trump has repeatedly demanded that Powell cut the short-term interest rate that the central bank controls, in part because the president believes it will lower the government's borrowing costs.

Continue reading

Axios · 1d
Scoop: Powell requests IG review on $2.5 billion renovation amid Trump pressure
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
Federal government posts June surplus, helped by rising tariff collections
The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This development brought the fiscal year-to-date deficit to $1.34 trillion,
Federal Reserve quietly responds to Trump administration attacks over renovation
The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central bank’s renovation.
Trump says Federal Reserve should lower interest rates to less than 1%; Is it normal?
Trump urged the Federal Reserve to lower interest rates to 1%, but economists argue this could backfire, risking inflation & undermining the Fed's credibility.
Navarro touts ‘Trumpnomics’ in rant against Powell, Federal Reserve
White House senior trade adviser Peter Navarro touted “Trumpnomics” in a recent interview during a rant against Jerome Powell, slamming the Federal Reserve chair as a “pure partisan” actor who, in
Explore more
Just The News11d
Strong job growth puts Federal Reserve in a pickle as Trump's pressure escalates
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
Director of federal agency suggests Fed Chairman Powell is considering resigning
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
AOL5d
When’s the next Federal Reserve meeting? What to expect - AOL
The Federal Reserve meets for fifth two-day rate-setting session of 2025 next month on Tuesday, July 29, and Wednesday, July 30, 2025. At the end of its Federal Open Market Committee session on ...
Money Talks News on MSN4h
Beyond Social Security: Federal Reserve Reveals What Assets Seniors Actually Own
Federal Reserve data exposes the asset mix that keeps seniors financially secure. From real estate to retirement accounts, discover what 65+ Americans actually own.
Feedback