Trump and other White House figures have launched a multi-pronged attack on Powell as push the central bank to lower is key borrowing rate. Most recently, they have blasted Powell after renovations to the Fed's Washington headquarters, raising suspicion that Trump could try to remove the Fed leader for cause.

Jerome Powell on Monday asked the Federal Reserve’s inspector general to conduct a review of its $2.5 billion renovation project as the Trump administration is using the works to drive up pressure on ...

Federal Reserve chair Jerome Powell confirmed this month that the Fed would have cut rates by now if not for President Trump's tariffs.