White House Now Blasts Jerome Powell Over Federal Reserve Renovations

Topline

Office of Management and Budget Director Russell Vought accused Federal Reserve Chair Jerome Powell on Thursday of an “ostentatious” overhaul of the independent agency’s fiscal headquarters amid an increasingly aggressive campaign by President Trump to get Powell to step down from the job.

Key Facts

This is a developing story and will be updated.

Source: https://www.forbes.com/sites/saradorn/2025/07/10/white-house-latest-attack-on-jerome-powell-claims-federal-reserve-renovations-are-ostentatious/