Trump, Powell bicker over Fed building renovations
Digest more
21hon MSN
On Thursday, staff at the Federal Reserve led a small group of journalists, photographers and television cameras on an extensive tour of the large, active construction site that comprises two 1930s-era buildings.
The project's cost has increased from $1.9 billion to $2.5 billion, but there are other factors behind the Trump administration's concern.
Did Jerome Powell write a July 22, 2025, letter informing President Donald Trump of his resignation as Chairman of the Federal Reserve? No, that's not true: A widely-shared screenshot of such a letter was in fact a fake,
Sen. Rand Paul (R-KY) introduced legislation on Thursday calling for auditing the Federal Reserve. The senator’s proposal comes after Federal Reserve Chairman Jerome Powell has faced scrutiny for the $2.
On Dec. 23, 1913, President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation ...
Explore more
The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...
The Federal Reserve system serves as the central bank of the United States. The Federal Reserve performs several functions, including managing U.S. monetary policy, ...
The Federal Reserve left interest rates unchanged and held to forecast of 3 rate cuts in 2024 despite an inflation uptick. ... Board of Governors of the Federal Reserve System.
The Federal Reserve had been created in 1913 to stabilize America’s banking system and keep money flowing around the country, so the stupendous stock market crash of 1929 and the painful ...
Sen. Bernie Moreno (R-OH) compared Federal Reserve Chairman Jay Powell to Dr. Anthony Fauci in an interview with CNN's Kaitlan Collins. KAITLAN COLLINS, CNN HOST: I think the question that people have had is seeing the president there,
The Federal Reserve System is the central bank of the United States. Oil prices today. The cost of crude oil was down 1.02% Wednesday, closing at $90.27. Still, ...