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.

Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought’s stern letter by pointing him to a public ...

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

President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...

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

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

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Russell Vought suggested Jerome Powell is in violation of government building rules in the renovation of the Fed’s ...

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

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.