A new "Frequently Asked Questions" page on the Federal Reserve's website defends the central bank's recent renovation project — and responds to many Trump administration criticisms of it. Office of Management and Budget Director Russell Vought slammed the renovation project and said he would pursue an investigation.

Fed Chair Jerome Powell faces growing criticism after the Federal Reserve's HQ renovation costs surged from $1.9B to $2.5B. Trump allies accuse him of mismanagement, sparking speculation about his early resignation,

A recent letter from the White House is raising eyebrows in Washington — with some analysts speculating it may be part of a broader push to remove Federal Reserve Chair Jerome Powell. The letter, issued by the White House Office of Management and Budget (OMB),