Outside lawyers, WSJ editorial board urge Trump not to fire Powell

Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, “The Wall Street Journal” warns. Continue reading

Fed rebuts accusations that Powell mismanaged $2.5B renovation

Central bank refutes allegations by Trump administration officials that headquarters renovation project has been mismanaged and that Powell lied to Congress about its specifics. Continue reading

Trump official: Fed chair to answer for ‘ostentatious’ renovations

OMB Director Russell Vought put accusations that Fed Chair Jerome Powell lied to Congress about a $2.5 billion renovation of the Fed’s headquarters in writing Thursday. Continue reading