Fed Watchdog Finds No Crime in Powell's $2.5 Billion Renovation, but Faults Management
Inspector General Michael Horowitz says marble and garden terraces did not drive overruns. Trump has asked Attorney General Todd Blanche to review the report.
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10 stories from Planck Standard. Latest: October 1, 2026.
Inspector General Michael Horowitz says marble and garden terraces did not drive overruns. Trump has asked Attorney General Todd Blanche to review the report.
WatchOnly Sen. John Fetterman crossed the aisle as the Senate installed Trump's pick in the closest Fed chair vote in modern history. Warsh chairs his first FOMC meeting June 16-17.
Kevin Warsh takes over as Federal Reserve chairman as Trump administration pushes for institutional overhaul of the central bank.
U.S. Attorney Jeanine Pirro indicates the investigation into Federal Reserve Chairman Jerome Powell may be resurrected after previous legal setbacks.

Federal Reserve Chair says he will continue as governor past May 15 to protect central bank independence amid Trump administration pressure campaign.
Trump administration's investigation of Jerome Powell has undermined confidence in the Fed's ability to operate free from political interference before leadership transition.

Trump administration's attacks on Fed under Pirro probe rattled confidence before leadership transition to Kevin Warsh.

The stunning reversal clears the path for Kevin Warsh, Trump's Fed chair nominee, to win confirmation after months of political pressure.
WatchWarsh pledged Fed independence and a 'regime change' in monetary policy at his Senate Banking Committee confirmation hearing, but a key Republican vowed to block the vote until Trump drops a probe into outgoing Chair Jerome Powell.
In a Fox Business interview, President Trump declared he will fire Jerome Powell if the Fed chair does not step down when his term expires next month — setting up a constitutional showdown over the independence of the Federal Reserve.