White House's new line of attack against Powell
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A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.
President Trump is putting pressure on Federal Reserve Chairman Jerome Powell to lower interest rates, and has been critical of the Fed’s $2.5 billion office renovation.
Office of Management and Budget Director Russ Vought ratcheted up pressure on Federal Reserve Chairman Jerome Powell on Thursday, accusing him of having “grossly mismanaged” the central bank. Vought sent a letter to Powell probing him with questions over the renovation of the Fed’s headquarters in Washington,
Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly mismanaged the Fed."
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s Washington, DC headquarters — and warned construction could be
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.
Republican calls for Federal Reserve Chair Jerome Powell to resign have grown louder in recent weeks, but Louisiana Sen. John Kennedy says politicians need to back off.