Federal Reserve Chair Jerome Powell on Thursdayresponded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington headquarters campus,

President Trump expressed a desire to see Federal Reserve Chair Jerome Powell resign, indicating that directly removing him could disrupt markets. The comments were made in an interview with the Real America's Voice network,

US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington,

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.

Federal Reserve Chair Jerome Powell defended the costs of renovation at the central bank's Washington campus, citing essential safety upgrades. The project has been criticized by the Trump administration as excessively expensive.

Federal Reserve Chair Jerome Powell requested an inspector general review of the central bank's $2.5 billion headquarters renovation after Trump officials criticized cost overruns.

Trump's push to oust Jerome Powell over interest rates and Fed renovation costs highlights growing tensions around economic inequality and political control.

U.S. President Donald Trump stated in a recent interview that he would welcome Federal Reserve Chair Jerome Powells resignation, though he acknowledged removing him could rattle financial markets. The remarks

Treasury Secretary Scott Bessent and National Economics Council Director Kevin Hassett have emerged as possible contenders to replace him.

Stocks rebounded on Wednesday after President Donald Trump denied reports that he was close to ousting Powell as chairman of the Federal Reserve.

Carlyle co-founder and the owner of the Baltimore Orioles, David Rubenstein, defended the job under beleaguered Federal Reserve Chairman Jerome Powell.