The Federal Reserve's independence is being questioned due to allegations of financial mismanagement. President Trump criticizes Fed Chair Jerome Powell over a costly headquarters renovation, sparking debate over the Fed's autonomy.

President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central bank to lower interest rates.

President Donald Trump has escalated his critique of Federal Reserve Chairman Jerome Powell, once again calling for his resignation. The focal point of this renewed offensive is the controversial renovation project of the central bank's headquarters,

President Donald Trump ousted Joe Biden’s appointees to the National Capital Planning Commission, the obscure panel that oversees urban planning for the Washington area. And instead of the usual wonky architecture types,

Critics are calling for Powell to be censured ... While JPMorgan’s new $3 billion Manhattan headquarters may offer some context on renovation costs, the optics of luxury spending at a taxpayer-backed institution are proving hard to defend, especially ...

FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.

On July 3, Trump urged Powell’s immediate resignation in a Truth Social post, alleging misconduct tied to the Fed’s $2.5 billion headquarters renovation (the project began long before Powell ...