Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what happens if there’s a tweet that says the Fed chair is gone?

The White House budget director, Russell Vought, told reporters that the administration wanted to have an on-site inspection of the Fed’s troubled $2.5bn building renovations amid a feud between US Pr

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates.