When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...

Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.

Live updates and the latest news as JD Vance touts passage of GOP agenda bill and the Senate votes on Trump-requested cuts to foreign aid and public broadcasting spending.

Few Americans have confidence in the chairman, Jerome Powell, to do the right thing on the economy, though attitudes are deeply partisan.

Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.

President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.