Trump Visits Federal Reserve Construction Site Amid Cost Overrun

President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on in Washington on July 24, 2025. Chip Somodevilla/Getty Images Federal Reserve Chair Jerome Powell disputed President Donald Trump’s cost estimate of renovations at the central bank’s Washington headquarters. Trump and Powell briefly addressed reporters during a

Slotkin Says Democrats Split on Strategy During Trump’s Second Term

Sen. Elissa Slotkin (D-Mich.) rehearses the Democratic response to President Donald Trump’s address to a joint session of Congress, in Wyandotte, Mich., on March 4, 2025. Paul Sancya/Pool/AFP via Getty Images Sen. Alyssa Slotkin (D-Mich.) said Democrats remain split over how seriously to treat President Donald Trump’s second term and must adopt a tougher posture

House Speaker Johnson expects “rocky road” for Fed Chair Powell

Washington — House Speaker Mike Johnson said he understands President Trump’s frustration with Federal Reserve Chair Jerome Powell, but reiterated that he’s uncertain about “what the legal parameters are” if the president fires him.  Mr. Trump has lashed out at Powell, accusing him of not acting quickly enough to slash interest rates — the Fed