Federal Reserve Chair Jerome Powell has asked the central bank's inspector general to review the renovation of its historic headquarters in Washington, which Trump officials have seized on as a new way of criticizing the Fed's operations amid a push to compel Powell's resignation.Over the weekend, Powell reportedly asked Federal Reserve Inspector General Michael Horowitz to review the project — which has been beset by cost escalations compared to the renovation's pre-pandemic cost estimate. The news was first reported by Axios, while Reuters cited a source familiar with the request in a subseq...

2 days ago

On HALO