A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.

President Donald Trump said during a Cabinet meeting on Tuesday at the White House that Jerome Powell should resign immediately if allegations that he misled Congress turn out to be true. Trump’s comment was made in front of reporters after a question about the Federal Reserve’s renovation project,

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),

William J. Pulte, Chairman of the Board of Fannie Mae and Freddie Mac, weighed in Friday on unconfirmed reports that

President Trump’s public demand for Powell’s resignation has ignited fears of a brewing crisis at the Fed, sending crypto investors into high alert.

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for the Fed's Jerome Powell to resign.

In his testimony before the U.S. House of Representatives and Senate this week, Federal Reserve Chairman Jerome Powell at times found himself on the defensive regarding the Fed’s immobility in making any rate cuts to the federal funds rates the first half of this year.