President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

Russell Vought, Director of the White House Office of Management and Budget, had accused Powell of “gross mismanagement” and ...

Donald Trump has raised the revamp costs as a possible reason for ousting the US central bank chief, alleging possible fraud.

Federal Reserve Chair Jerome Powell refuted allegations of mismanagement in the Federal Reserve Board’s renovation project, responding to concerns raised by White House Budget Director Russ Vought.