In a potential escalation of President Donald Trump's feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether Powell has been misleadin

Comparable federal building renovations cost many orders of magnitude less than the office you are building yourself on the taxpayer’s dime,” it added. Vought said Powell’s June semi-annual monetary policy testimony before the Senate Banking Committee revealed that the project was out of compliance with the plan approved by the National Capital Planning Commission (NCPC) with respect to major design elements.

In a renewed political maneuver, President Donald Trump targets Federal Reserve Chairman Jerome Powell over a costly renovation project. The $2.5 billion expenditure on the Fed's headquarters has become a focal point in Trump's demand for Powell's resignation and a push for lower interest rates,

President Donald Trump has once again criticized Federal Reserve Chairman Jerome Powell, saying that he had kept interest rates too high. According to POTUS, the Fed rate is at least 3 points high. Trump wrote on his Truth social website that,