Federal Reserve Chairman Jerome Powell sent a letter to the White House concerning the $2.5 billion renovations to the bank’s ...

In the letter, Fed chair Powell countered criticisms leveled at the central bank over a renovation project.  Read more at ...

Experts warn Donald Trump must provide valid reasons for removal, as current evidence does not support claims of mismanagement.

Mr Powell maintains that Mr Trump has no authority to fire him – “not permitted under the law”, he said in November – and ...